Binance Announces NEIRO Perpetual Futures Trading

IconCryptoNewsTerminal Staff16 Sep, 2024

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Binance Announces NEIRO Perpetual Futures Trading

Binance, the leading cryptocurrency exchange, has announced it will list NEIRO perpetual futures on its platform on 16th at 20:30 (KST). NEIRO is the native token of the Near Protocol, a proof-of-stake blockchain platform designed for decentralized applications. Binance's NEIRO perpetual futures will have a maximum leverage of 75x, allowing traders to speculate on the future price of NEIRO using leverage. Perpetual futures are a type of futures contract that does not have an expiry date, meaning traders can hold their positions indefinitely. The listing of NEIRO perpetual futures on Binance is a sign of the growing interest in the Near Protocol and its ecosystem. The Near Protocol has been gaining traction in recent months due to its scalability, low transaction fees, and developer-friendly features. Traders who are interested in trading NEIRO perpetual futures can do so by creating an account on Binance and depositing funds. Binance offers a variety of trading tools and resources to help traders make informed decisions.