Binance Will List an Altcoin on Futures: The Price Has Started to Rise!
Binance, the world's largest cryptocurrency exchange, is making a new listing for an altcoin on futures.
According to Binance's statement on its official blog today, the exchange will launch Tether (USDT) margined futures for DeXe (DEXE) with a maximum leverage of up to 75x.,
According to the statement made by Binance, the DEXEUSDT contract will open for trading on December 24 at 14:30 TSI.
Binance stated that funding rates can initially change between a maximum of -%2.00 and +%2.00 every 4 hours, but depending on market conditions, funding rates, maximum leverage, and minimum transaction limits may change from time to time.
According to CoinGecko data, the listing from Binance has taken off. DEXE suddenly gained 12% from a price of $12.67 and reached $14.24. DEXE, which later pulled back a bit, is finding buyers at $13.44 at the time of writing.
Stay tuned.