💰💰Binance Adds Futures Listing to Altcoin That Rising 130 Percent in a Week 💰💰
Binance, the world's leading cryptocurrency exchange, has made a new listing for an altcoin in its futures section.
According to Binance's announcement on its official blog, the exchange has launched Tether (USDT) margined futures for UXLINK (UXLINK), and these transactions can be made with a maximum leverage of up to 75x. The UXLINKUSDT contract began trading as of 18:00 TSI on September 15.
Binance initially stated that funding rates could change between -2.00% and +2.00% at 4-hour intervals. However, it was stated that funding rates, maximum leverage, and minimum transaction limits could be updated from time to time depending on market conditions.
According to CoinGecko data, although the listing announcement from Binance caused an acceleration in UXLINK's price, it did not cause a major change in UXLINK, which increased by more than 100% in a week. UXLINK has gained 137% in the last 7 days and is trading at $0.39 at the time of writing.
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