Hi It's Unicorn

The contracts on Binance can be divided into two types, perpetual futures contracts and (quarterly) futures contracts. The difference between the two is that perpetual contracts have no an expiry date and traders can hold their positions for as long as they like. On the contrary, futures contracts have a pre-determined settlement date and all positions have to be settled latest by a specific date. 

So far there is only BUSD perpetual futures contracts on Binance, while USDT have both perpetual futures contracts and (quarterly) futures contracts. However, Binance has issued a multi-asset mode for contract trading so users can share their margin across USDT-margined and BUSD-margined contracts. It can reduce the risk to be liquidated. 

You can find BUSD perpetual on the top of left side. After entering the BUSD perpetual interface, you can search BUSD and find out which trading pairs are available. Currently, BUSD supports five trading pairs: BTC/BUSD, BNB/BUSD, ADA/BUSD, ETH/BUSD, and XRP/BUSD.

What are pros of using BUSD margin contracts on Binance?

1. USBD is regulated by the New York State Department of Financial Services(NYDFS). 

A stablecoin must have be issued with a great Issuer’s credit. Once there is a situation where reserves and issuance do not match, it will cause doubts from investors, which will cause many users loss or coin price crash.

BUSD is a 1:1 USD-backed stable currency issued in partnership with Paxos., so it is strictly regulated by the NYDFS to ensure that it is tethered to 100% actual equivalent assets such as cash, notes, and etc.. In addition, Paxos will also regularly issue audit reports, so you don't have to worry about credit problems of issuer.

2. Users have fee discount on Binance.

Since BUSD is a token launched by Binance, you can have trading discounts when you use it on Binance. There is no handing fee when you buy BUSD on Binance, or exchange other stablecoins to BUSD, like BUSD / USDT，USDC / BUSD，TUSD / BUSD，PAX / BUSD. In addition, the transaction fees for BUSD trading pairs will also be cheaper. If you have a withdrawal requirement, the fee for withdrawing BUSD through the Binance Chain Ecosystem (BEP20) is also free.

3. Multi-asset mode for contract trading.

Multi-Assets Mode allows users to share their margin across USDT-margined and BUSD-margined contracts. You don’t have to exchange BUSD to USDT or USDT to BUSD when one of the contracts is to be liquidated. Therefore, it can save the cost of tokens exchange to make up the margin, and you can use one position’s profits as margin to offset losses in another losing position. It can reduce the risk to be liquidated.

The biggest advantage of BUSD at present is the lower handling fee. If you trade with large volumes, you can choose to use BUSD to save fee cost. Moreover, you can use multi-asset to share USDT and BUSD margin. It can relieve liquidation crisis and provide traders with greater flexible use in the funds.