Today, the cryptocurrency exchange Binance came to the agenda with another announcement. Because the largest crypto exchange with daily trading volume announced that it will list the project named DEXE coin in the futures. After the announcement, DEXE price started to rise. Meanwhile, eyes turned to other listing news. In this article, we will talk about Binance’s DEXE listing as well as other listings that have left their mark today. Here are the details
Binance lists DEXE coin
Binance Futures will launch the DEXEUSDT perpetual futures contract today at 14:30 PT. This new contract will allow users to trade with 75x leverage. The contract will be traded on the DeXe (DEXE) token and the contract asset will be USDT. Tick size is set at 0.001 and trading hours are 24/7… In addition, the funding fee will be paid every four hours and the funding rate will be +2.00% / -2.00%. This is the maximum funding rate at launch. The exchange also provides the following caveats:
Binance may adjust the contract’s features depending on market risk conditions. Also, the Multi-Asset Mode allows users to trade on multiple margin assets. However, Binance Futures and Binance Spot token listings are independent of each other, and just because a token is listed on Binance Futures does not mean that it will also be listed on Binance Spot.
In light of this development, the DEXE price has started to rise at the time of writing. The cryptocurrency jumped 15 percent immediately after the announcement. It is currently down to $12.7 from its daily high of $13.58.
What are the other exchange listings?
Meanwhile, many other exchanges also came up with various listings on a daily basis. Being listed on crypto exchanges for trading helps to increase trust and credibility among investors. Cryptocurrency projects make extensive use of this to market their projects/tokens and ultimately gain more investors. Moreover, getting listed on any popular crypto exchange has a domino effect in opening doors for other players in the market. Hence, for many projects, listings are seen as critical. The latest listings are as follows:
- Hypurr Fun (HFUN): Hypurr Fun listed on the Gate.io exchange at 09:00 with the HFUN/USDT trading pair.
Purr (PURR): Purr listed on the Gate.io exchange at 06:00 with the PURR/USDT trading pair.
TON Station (SOON): TON Station will list on the LBank exchange at 14:00.
CP (CP): CP listed on the Coinstore exchange at 13:00.
- AGRIDex (AGRI): AGRIDex listed on the WEEX exchange at 11:00 am.
Vameon (VON): Vameon listed at 12:00 on the MEXC exchange.
Coconut 1.0 (CCO): Coconut 1.0 listed on the LBank exchange at 11:00 am.
NexQloud (NXQ): NexQloud will list on the Biconomy exchange at 15:00.
Kyro (KYRO): Kyro listed on the AscendEX exchange at 13:00.
SERE Project (SERE): SERE Project listed on the DigiFinex exchange at 08:00.
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