Binance Adds Initia (INIT) to Earn, Buy Crypto, Convert, Margin, and Futures

INIT Now Available Across Multiple Binance Services Starting April 24Binance announced the full integration of Initia (INIT) across its ecosystem, including Simple Earn, Buy Crypto, Convert, Margin Trading, and USDⓈ-M Futures. These services will go live starting April 24, 2025, at the respective times listed below.INIT Integration TimelineBinance Simple EarnINIT Flexible Products will be available on April 24 at 11:00 UTCUsers can subscribe to INIT to earn passive income on idle assetsBuy CryptoINIT will be purchasable via VISA, MasterCard, Apple Pay, Google Pay, and RevolutAlso available through account balances within one hour after INIT Spot listingBinance ConvertINIT will be available for zero-fee conversions against BTC, USDT, and other supported assetsLive within one hour of Spot listingBinance MarginINIT will be added as a borrowable asset on both Cross and Isolated MarginINIT/USDT and INIT/USDC pairs go live at 11:20 UTC on April 24Binance FuturesINITUSDT Perpetual Contract launches at 11:00 UTCKey Specs:Leverage: Up to 5xFunding Rate: ±2.00%, settled every 4 hoursTrading Mode: Multi-Assets Mode supportedMark Price Formula: Median (Price1, Price2, Contract Price)The contract will transition from pre-market to standard perpetual within an hour, with no disruption to trading.Available for Futures Copy Trading within 24 hours post-launch.