Binance, the top cryptocurrency exchange globally, has introduced Skate (SKATE) on its Alpha platform. Additionally, Binance Futures will launch the SKATEUSDT perpetual contract, allowing traders to leverage up to 50x. This move led to a significant price increase for SKATE during pre-market trading. SKATE serves as the utility and governance token for Skate's multi-VM infrastructure, with a total supply of 1 billion tokens and 10% reserved for the initial airdrop. Trading for SKATE will start on June 9, 2025, at 10:00 UTC on Binance Alpha, followed by futures trading at 10:30 UTC on the same day. Binance is the first platform to offer trading for SKATE on both Binance Alpha and Binance Futures. The exchange is also hosting an exclusive airdrop event for eligible users to claim SKATE tokens using Binance Alpha Points. This dual listing on Binance and Bybit, along with the Megadrop event, is expected to enhance SKATE's market presence and liquidity. Read more AI-generated news on: https://app.chaingpt.org/news

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