Binance Futures, the futures trading platform offered by Binance, has introduced a new perpetual contract for the Rootstock Infrastructure Framework (RIF). This project's objective is to offer decentralized tools and technologies for creating user-friendly DeFi products, as stated on the platform's website.
The addition of this altcoin to futures trading will occur today at 15:30 Turkey time, and traders will have the option to utilize leverage of up to 50x.
On its official website, the RIF project presents itself in the following manner:
Currently, RIF can be found in spot trading pairs on several prominent exchanges, such as Binance, Gate.io, Poloniex, and MEXC.
Graph showing the rise in RIF price following the listing news.
After the announcement of its listing, the altcoin experienced a sudden surge in price, catapulting from $0.097 to surpass $0.11. As of the time of composing this article, RIF is currently trading at $0.1074.
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