#Binance Launches New Listing Move
Binance, the world's largest cryptocurrency exchange, announced on Friday, September 12th, that trading has opened for USDT-margined perpetual futures contracts on the XPIN Network (
#XPIN ). This move has created significant excitement in the markets by offering users high leverage.
The new XPIN/USDT contract is designed for trading with a maximum leverage of 50x. The trading contract, which opened at 7:30 a.m. UTC, offers volatile-focused opportunities, particularly for short-term holding.
What is $XPIN Network (XPIN)?
The XPIN Network stands out as an AI-powered decentralized communication offering. The project aims to redefine global information. Specifically, it aims to:
Decentralized wireless technology
Community-driven innovation
The connectivity of AI
XPIN, built on the Web3 platform, plans to elevate communication infrastructure in the Web3 world.
Futures Details
According to Binance's structure, the XPINUSDT contract:
Maximum leverage ratio: 50x
Funding rate range: -2.00% to +2.00%
Funding period: Every 4 hours
Binance also stated that funding rates, leverage levels, and trading limits may be subject to change depending on market conditions.
Sharp Rise in XPIN Price
According to CoinGecko data, prior to Binance's rollover listing, the XPIN price rose from $0.001295 to $0.001800, a 40% increase. This rise demonstrates the rapid growth of investor interest in both spot and futures trading.
The activity in XPIN confirmed expectations as investors sought to learn about the generally positive price information generated by Binance listings.
Conclusion: Binance Listings Shape the Market
Binance manages to generate significant activity with each new futures transaction. The XPIN Network (XPIN) listing has generated significant momentum, both in terms of its technological vision and its appeal to a wider audience.
XPIN's performance in the coming days will predict whether investor interest will continue. However, one thing remains true: Binance listings continue to create significant short-term fluctuations in cryptocurrency markets.
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