Binance Futures
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
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2 months agoon
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adminAug 31, 2024 13:35 UTC
| Updated:
Aug 31, 2024 at 13:35 UTC
By Clark
Fueled by its recent addition into Binance Future’s perpetual contracts, Popcat (POPCAT), one of Solana’s rising meme coins, has just secured a 96% week-long growth in value. This positive momentum from Popcat (POPCAT) m reflects the broader bullish trend in the crypto market as other crypto projects, like the ETFSwap (ETFS) token are also showing amazing progress.
Popcat (POPCAT) Price Gains Momentum with Fresh Listing
In the last seven days, the price of Popcat (POPCAT) jumped to about $0.75, a peak not seen since July 30. This impressive price increase represents approximately 96% surge, pushing Popcat (POPCAT) market capitalization to over $735 million and making it the 86th largest cryptocurrency by market capitalization, according to CoinMarketCap.
The event that sparked this surge was Binance Futures listing of Popcat (POPCAT) perpetual contracts. Due to the recent rise in the price Popcat (POPCAT), crypto analyst, Murad has highlighted the cryptocurrency’s strength, suggesting that it had the best looking price chart among meme coins with a market capitalization above $300 million.
Arguably, the price of Popcat (POPCAT) could reach higher levels as sentiment turns more positive and if the current momentum persists. Various crypto analysts have begun keeping a close watch on Popcat (POPCAT), observing the growth trajectory of the Solana-based meme coin and the possibility of more gains.
ETFSwap (ETFS) To Become The Next Crypto Project To Witness Over A 100X Rally
Following the launch of its presale launch, ETFSwap (ETFS) quickly captured the attention of thousands of investors in the crypto space. This upcoming DeFi platform offers investors a groundbreaking opportunity to trade Exchange Traded Funds (ETFs) through the power of tokenization. By merging TradFi and DeFi, ETFSwap (ETFS) has designed its platform in a way that users can invest and trade crypto ETFs backed by real-world securities from MiCA-compliant investment banks.
This new unique approach to trading ETFs has positioned ETFSwap (ETFS) as a leader in the growing crypto market. Investors interest in the ETFS token is also surging, with token sales surpassing 500 million and revenue set to exceed $4 million. This impressive performance is set to make ETFSwap (ETFS) one of the highest-charting presales of the year.
More of this ETFSwap’s attraction also comes from its advanced features, which has fueled predictions of a potential 100X rally, especially with plans to launch its own ETF in 2025. For starters, ETFSwap (ETFS) offers an AI-powered ETF tracker and screener tool that analyzes real-time market data to provide investment recommendations, allowing investors to secure promising assets early enough.
Additionally, with ETFSwap’s high-grade security which has been verified through a smart contract and cybersecurity audit by CyberScope, this platform will provide a safe trading space for users. The ETFSwap (ETFS) has also successfully completed a KYC verification by SolidProof, ensuring investors privacy and anonymity are protected. In addition to these numerous benefits, trading with the ETFSwap (ETFS) platform requires no KYC verification.
Furthermore, investors of ETFSwap’s native token, ETFS are set to gain access to staking rewards, up to 10X leverage on trades, discounts on trading fees, early access to ETF listings and the ability to earn up to 87% APR yield. More importantly, the window to join the ongoing presale at a discounted price is closing fast, and primarily investors who act now will be positioned to witness a potential 108X rally as demand for ETFS grows.
Wrapping Up
In a nutshell, ETFSwap (ETFS) is currently at a highly rewarding presale stage, offering investors a discounted price of $0.01831 per token. However, this price is expected to reach $0.03846 by the next presale phase, allowing only early investors of the ETFS token to potentially realize significant profits.
For more information about the ETFS Presale:
Clark
Head of the technology.
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Will Binance Futures New Perpetual Contract Boost QUICK?
Published
2 months agoon
September 6, 2024By
adminBinance Futures, the derivatives arm of the global cryptocurrency exchange, has expanded its portfolio by launching a USD-margined QUICK perpetual contract with up to 75x leverage. The new offering, which went live today, is designed to enhance the trading experience by providing additional options for traders.
Binance Futures Launches QUICK Perpetual Contract with 75x Leverage
Binance Futures has introduced the QUICKUSDT Perpetual Contract, marking a significant expansion in its trading offerings. This new contract started trading on September 6, 2024, at 05:00 UTC. The contract operates 24/7, reflecting the continuous nature of the crypto market.
The contract is based on QuickSwap (QUICK), an established digital asset, with Tether (USDT) as the settlement asset. It features a tick size of 0.00001 and supports up to 75x leverage, allowing seasoned traders to amplify their trading strategies effectively.
Additionally, the funding fee settlement occurs every four hours, ensuring active engagement and balance in the funding rates, which are capped at +2.00% and -2.00%.
Contract Specifications and Trading Conditions
Moreover, Binance Futures emphasizes the flexibility of its new QUICK perpetual contract by integrating Multi-Assets Mode. This feature allows traders to use multiple cryptocurrencies like BTC as collateral, providing enhanced trading flexibility. Such innovations are part of Binance’s commitment to adapt to user needs and market demands.
In addition, the platform announced that it may adjust contract specifications such as the funding fee, tick size, leverage limits, and margin requirements based on prevailing market conditions. These measures are crucial for maintaining a balanced and fair trading environment while accommodating varying levels of risk-reward ratio.
Potential Impact on QuickSwap Market Position
The introduction of the QUICK perpetual contract by Binance Futures might increase its liquidity and visibility in the crypto market. The high leverage option could attract a new wave of traders looking for high-risk, high-reward trading opportunities, potentially increasing the trading volume and the stability of QUICK price.
Moreover, the enhanced exposure through Binance Futures could also aid in broader acceptance and integration into the crypto ecosystem, supporting its long-term growth trajectory. As with all high-leverage financial instruments, traders are advised to approach with caution given the heightened risk profile.
Following the announcement, QuickSwap experienced a significant price surge to $0.04287, marking a 15.50% increase in the last 24 hours. This was accompanied by a remarkable 139.87% rise in trading volume, pushing the market cap to approximately $31,094,121.
More so, Binance crypto exchange on Wednesday announced new development in its push toward regulatory compliance. The exchange appointed top auditing firm Grant Thornton as its accounting and tax partner.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience. He has worked extensively with various media outlets on cryptocurrency trends and technologies. When he’s not analyzing the latest crypto developments, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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