Binance Futures is expanding its product lineup with the addition of a new perpetual futures market tied to XPIN, a project building AI-driven decentralized communications technology.
Trading for the XPINUSDT pair opened on September 12 at 10:30 AM (UTC), with leverage of up to 50x available to users. The contract is settled in USDT and includes a funding rate mechanism capped at ±2%, with payments occurring every four hours. According to Binance, the launch is part of its effort to offer more diverse trading instruments while managing risk through adjustable margin and leverage settings.
The new contract also comes under Binance’s New Listing Fee Campaign and will be eligible for Futures Copy Trading within 24 hours of launch. With Multi-Assets Mode enabled, traders can post collateral in multiple currencies, including Bitcoin, to back their XPIN positions.
Binance highlighted that perpetual futures markets are distinct from spot listings, meaning contract activity will not directly affect XPIN’s spot market price. The exchange also noted it may adjust parameters like funding fees or margin requirements depending on volatility and liquidity conditions.
XPIN Network, the token underlying the contract, has positioned itself as a player in decentralized wireless technology, blending artificial intelligence with community-driven infrastructure. Supporters see the project as a step toward more resilient global connectivity, a theme that could attract attention from both institutional traders and retail participants exploring next-generation blockchain applications.
XPINUSDT futures will operate around the clock, with the minimum price tick set at 0.0000001 USDT.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Source: https://coindoo.com/binance-expands-derivatives-market-with-new-listing/