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Home»Exchanges»The Rise in Precious Metals Also Affects Crypto Exchanges! Binance Makes a Move in Platinum and Palladium! Here Are the Details
Exchanges

The Rise in Precious Metals Also Affects Crypto Exchanges! Binance Makes a Move in Platinum and Palladium! Here Are the Details

NBTCBy NBTC02/02/2026No Comments2 Mins Read
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Binance Futures announced it will add two new USDⓈ-margin perpetual futures contracts to its platform to expand trading options and improve user experience.

According to the announcement, the XPTUSDT and XPDUSDT perpetual contracts will be gradually launched on January 30, 2026. The XPTUSDT contract will be available to users at 13:00, and the XPDUSDT contract at 13:15. Both contracts will offer leverage of up to 100x.

The new contracts will have precious metals as underlying assets. XPTUSDT will be priced in US dollars and represent 1 troy ounce of platinum, while XPDUSDT will represent 1 troy ounce of palladium, also priced in US dollars. $USDT will be used as the settlement asset in both contracts. The minimum transaction amount is set at 0.001 XPT and 0.001 XPD, while the minimum denomination is 5 $USDT. The price increment (tick size) is 0.01.

The funding rate is capped between +0.05% and -0.05% for both contracts, and funding fees will be collected every eight hours. The contracts will be available for trading 24/7 and will be supported by Binance’s multi-asset mode.

Binance officials state that this step offers crypto investors the opportunity to trade not only digital assets but also products tied to commodity markets. According to analysts, integrating precious metals such as platinum and palladium into the futures market could create new opportunities for investors in terms of portfolio diversification and hedging against different market conditions.

*This is not investment advice.

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