The line between traditional finance and crypto just got a little thinner. Binance recently announced the launch of a TSLAUSDT Equity Perpetual Contract, allowing users to trade the price action of Tesla Inc. (TSLA) using $USDT .

As someone who has spent years navigating both the stock market and the crypto space, seeing a major exchange offer equity based perpetuals is an interesting shift. It’s not exactly buying the stock,but it offers a way to speculate on one of the world’s most volatile companies without leaving your crypto wallet.

1. The Logistics: How It Works

Starting January 28, 2026, at 14:30 (UTC), Binance Futures will be adding Tesla to its lineup. Unlike the actual stock market, which has rigid opening and closing bells, this perpetual contract trades 24/7.

From a user perspective, the setup is familiar if you’ve traded crypto futures. It uses USDT as the settlement asset, has a 0.01 tick size, and offers up to 5x leverage.

While 5x might seem low compared to the 50x or 100x we see on $BTC , it’s actually quite high for an equity linked product.

Tesla is already a high beta stock (meaning it moves a lot); adding 5x leverage to that means your gains or losses, can stack up very quickly.

2. Multi Asset Mode and Flexibility

The most practical feature here is the Multi Assets Mode. If you’re like me and prefer to keep your capital in Bitcoin or other major coins, you don't necessarily have to sell them for USDT to trade this. You can use your existing assets (subject to a haircut) as margin.

This is a win for efficiency. Instead of moving money back to a traditional brokerage to catch a Tesla rally, you can pivot directly within the Binance interface.

However, remember that Equity Perpetuals track the price of the stock but don't grant you ownership, voting rights, or dividends. You are purely betting on the price movement.

Conclusion: Is it worth it?

The TSLAUSDT perpetual is a great tool for the all in one trader who wants to manage their entire portfolio in one place. It brings the 24/7 nature of crypto to a traditional tech giant.

That said, the combination of equity volatility and futures leverage requires a disciplined strategy. It’s a powerful addition to the toolkit, provided you don't treat it like a casino.

FAQ

Is this the same as buying Tesla stock? No. This is a perpetual contract that tracks the price of Tesla’s common stock. You do not own the underlying shares, and you aren't entitled to dividends or shareholder meetings.

What is the maximum leverage available? Binance has capped the leverage for the TSLAUSDT contract at 5x to manage the risks associated with equity price swings.

When can I trade it? Unlike the Nasdaq, which has specific trading hours, the Binance TSLAUSDT contract is available for trading 24 hours a day, 7 days a week.

What happens if the funding rate is high? As with all perpetual contracts, there is a funding fee settled every four hours. Depending on market sentiment, you will either pay or receive funding to keep the contract price in line with the index price.

Can I use $BTC as margin? Yes, if you enable Multi-Assets Mode, you can use supported assets like BTC as margin to trade the TSLAUSDT contract.