#Binance one of the world's largest cryptocurrency exchanges, is starting to offer options on both the Alpha platform and futures by making two listings for a new altcoin.
Binance provides its users with a wide range of trading options for #sophon (#SOPH ) on its different platforms. Users will be able to start trading the SOPH token on the Binance Alpha platform as of May 28, 2025 UTC 13:00. They will also have up to 50x leverage with the SOPHUSDT Futures Contract on the Binance Futures platform.
Binance also announced a special token airdrop campaign in honor of the new listing. Users will be able to participate in this airdrop campaign from the Alpha Events page on the Binance app using Binance Alpha Points. The airdrop campaign will be active between May 28, 2025 UTC 13:00 and May 29, 2025 UTC 13:00.
On Binance Futures, SOPHUSDT futures will be available as of May 28, 2025 UTC 13:30. This futures contract offers a maximum leverage of 50x, while the funding rate is set at a maximum of +2.00% / -2.00%. Funding fees will be reflected in accounts every 4 hours.
Binance stated that it may change leverage rates, initial and maintenance margin requirements, and funding fees depending on market conditions. In addition, Binance Futures also supports multi-asset mode (Multi-Assets Mode). Thanks to this feature, users will be able to buy and sell the SOPHUSDT contract using different crypto assets as margin.