Baton X to Launch SocialFi Index Perpetual Contract Today at 6 PM KST

IconCryptoNewsTerminal Staff17 Jun, 2024

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Baton X to Launch SocialFi Index Perpetual Contract Today at 6 PM KST

Global virtual asset exchange Batonex announced via its official website that it will be listing 'xSOC', a perpetual contract product for an index that tracks Social-Fi themed cryptocurrency assets, at 6 PM on June 18th, Korean time. This product will be traded on the USDT perpetual futures market and supports up to 50x leverage trading. Batonex's xSOC index is composed of a basket of Social-Fi tokens, including RSS3, MASK, DESO, CYBER, LMWR, LYX, ALI, XCAD, LIME, LIKE, DMAIL, STEEM, BBL, INSP, HIVE, SYLO, THETA, GAL, FRIEND, CHAT, XTM, and CHEEL. By launching this new product, Batonex aims to provide traders with a convenient and efficient way to gain exposure to the growing Social-Fi sector. The exchange said that it is committed to offering a wide range of innovative products and services to meet the needs of its users.

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