Binance will launch the Initia (Initiat) U-based perpetual contract

According to BlockBeats, on April 24th, Binance Wealth Management, one click coin buying, flash trading, leverage, and contracts will be launched on Initia. Starting from 19:00 on April 24th, 2025, the pre-market trading of InitiatUSDT U-based perpetual contracts will be converted to the standard version of InitiatUSDT U-based perpetual contracts, with a transition period of up to 1 hour. During the transition period, the perpetual trading and existing positions of InitiatUSDT will not be affected.