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

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By on August 20, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Binance Announces Futures Listing For Voxies (VOXEL); Price Shoots Up By 75%! appeared first on Coinpedia Fintech News

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. 

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