Here is detailed information about the BOB token in Binance Futures:
1. Launch of the BOB/USDT futures contract:
The BOB token was launched in Binance Futures on June 5, 2025. The available contract is the perpetual BOB/USDT, allowing users to trade with leverage of up to 50x. This means you can speculate on the appreciation or depreciation of BOB without needing to own the asset directly.
2. Features of the futures contract:
- The contract is perpetual, meaning it has no expiration date.
- The margin used is in USDT, making risk management simpler for those who already trade with stablecoins.
- Futures trading allows both long and short positions, enabling profit in different market scenarios.
3. Context and importance of BOB:
BOB (Build On Binance) is a token that gained prominence after its launch in Binance's Alpha market and was quickly listed in Futures due to its volume and community interest. It operates on the BNB Smart Chain (BSC) and has drawn attention as a potential "game-changer" in the ecosystem.
If you need more details on how to trade futures on Binance or about the BOB token, I can help!