Binance has XPLUSDT perpetual contract pre-market trading. The exchange clarified the pre-market trading period, funding rates, and mark price methodology. There is no correlation between the perpetual contract and spot token listings. Binance is once again using its powerful derivatives platform as a strategic launchpad, announcing the pre-market launch of an XPLUSDT perpetual contract . The new product, which begins trading on August 22 at 09:30 UTC with up to 5x leverage, will allow traders to speculate on the price of a new token before it hits the mainstream spot market. What Is Plasma (XPL)? The new contract is based on Plasma (XPL), a Layer-1 EVM-compatible blockchain designed specifically for high-volume, low-cost stablecoin payments. With a total supply of 10 billion tokens, the project aims to carve out a niche in the global payments sector, a space that is seeing renewed interest as projects like the Trump-Linked USD1 Stablecoin Reaches a $2.1 Billion Cap and Lands a Binance Listing . (adsbygoogle = window.adsbygoogle || []).push({}); A “Futures-First” Listing Strategy The launch of a perpetual contract without an… The post Trading XPLUSDT? Why a Binance Futures Listing Isn’t a Spot Guarantee appeared first on Coin Edition .
