Binance Announces Futures Listing For Voxies (VOXEL); Price Shoots Up By 75%!

Crypto Live News

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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As per Binance’s official announcement, the crypto exchange is launching the USD-Margined perpetual contract for VOXEL today, where users can enjoy futures trading with up to 50x leverage on the asset. The exchange has set the capped funding rate at +2.00% / -2.00%. However, it also revealed that it may adjust the specifications of the listing “based on market risk conditions. The futures listing spurred optimism for Voxies across the broader market. Notably, Voxies price soared 75% after Binance’s listing announcement to trade at $0.2446 at the press time. 

Source: https://coinpedia.org/crypto-live-news/binance-announces-futures-listing-for-voxies-voxel-price-shoots-up-by-75/