Binance Announced The Listing of Trump’s New Meme Coin on its Platform

In a surprise announcement, Binance has confirmed the listing of Donald Trump's new meme coin, Official Trump (TRUMP), on its futures platform.

The altcoin, which was launched earlier today, has already amassed a market capitalization in excess of $4 billion, with its price up around 200% in the last 24 hours.

Binance’s statement:

In order to expand the range of options trading on Binance Futures and enhance the trading experience for users, Binance Futures will introduce the TRUMPUSDT perpetual contract on 2025-01-18 at 3:00 p.m. (EDT) with leverage up to 25x.

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Depending on market risk conditions, Binance reserves the right to adjust the specifications of the TRUMP/USDT futures contract, which may include changes to the funding fee, maximum leverage, initial margin or maintenance margin requirements.

The listing of TRUMP on Binance Futures marks a significant milestone for the token, which has quickly gained popularity among traders. With its remarkable growth in market value and the introduction of futures trading, the meme coin is in a position to attract a lot more attention from investors.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.