Binance Adds High-Leverage Futures for Three Trending Altcoins

Binance continues to expand the list of available tokens for trading on their spot and futures platforms and this time they added three trending coins.

Binance, the world’s largest cryptocurrency exchange, has unveiled new futures trading options, adding perpetual contracts with up to 75x leverage for three altcoins: GRASS, DRIFT, and SWELL.

The addition aims to expand the range of trading choices on Binance Futures, appealing to users who are interested in leveraging higher-risk opportunities.

According to Binance, trading for these contracts will go live in a staggered rollout on November 8, 2024. GRASS/USDT trading begins at 15:30 UTC, followed by DRIFT/USDT at 15:45 UTC, and SWELL/USDT at 16:00 UTC.

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In response to this announcement, the prices of GRASS, DRIFT, and SWELL have already experienced an uptick, driven by heightened market interest.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.