Binance Expands Futures Market with Another New Listing
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Binance, the leading global cryptocurrency exchange, kicked off the day with an exciting announcement regarding a new altcoin addition.
The platform revealed that it will be listing PAXG on its futures market, aiming to diversify its trading options and enhance user experience.
Starting at 10:30 AM UTC on March 27, 2025, Binance Futures will offer the PAXG/USDT Perpetual Contract, with leverage options up to 75x.
PAXG, or Pax Gold, is a gold-backed digital asset introduced by Paxos in September 2019.
As an ERC-20 token operating on the Ethereum blockchain, PAXG has gained popularity as a convenient way for investors to gain exposure to gold.
This token is designed to make gold investment more accessible, offering an innovative solution by being directly backed by physical gold, a traditionally stable commodity.
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