Bitcoin Exchange Binance Announces Listing of a New Altcoin Trading Pair in Futures! Here Are the Details

Binance Futures is expanding its range of trading products with the launch of a new USDⓈ-margined perpetual contract for PROMPT (PROMPTUSDT) that offers traders up to 25x leverage. Binance Futures to Launch PROMPTUSDT Perpetual Contract with Up to 25x Leverage According to an announcement published today, the new contract went live on April 11, 2025 at 09:30 UTC as part of Binance’s efforts to diversify trading options and improve user experience on its derivatives platform. The contract will have a maximum funding rate of +2.00% / -2.00% at launch, with funding fee payments occurring every four hours. A standard mechanism used in perpetual contracts to keep the price of the derivative in line with the spot price. Binance also confirmed that the new PROMPTUSDT contract will be integrated into its Futures Copy Trading platform within 24 hours of launch. This feature will allow users to automatically copy the trading strategies of professional traders on the platform. Traders can refer to Binance’s FAQ for a full list of contracts available for copy trading. Growing Binance Futures Offerings The launch of the PROMPTUSDT perpetual contract underscores Binance’s continued efforts to appeal to both individual and professional traders by expanding its futures product suite. This move comes at a time when the crypto derivatives market continues to record strong growth and demand for a wider variety of trading instruments is increasing. Binance Futures remains one of the world’s largest crypto derivatives platforms, offering a wide range of contracts for traders looking to hedge, speculate, or execute complex strategies in the volatile digital asset market. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces Listing of a New Altcoin Trading Pair in Futures! Here Are the Details

Source: BitcoinSistemi