News and Analytics

0

Binance Adds Solana Name Service (FIDA) with 75x Leverage

Sep 19, 2024
  1. Binance Adds FIDA with 75x Leverage
  2. FIDA Price Surge After Binance Listing
  3. What’s Next for Binance and FIDA?

In a move that highlights its rapid pace of altcoin listings, Binance has announced the addition of Solana Name Service (FIDA) to its futures trading platform, offering up to 75x leverage.

Binance Adds FIDA with 75x Leverage

Binance made the official announcement today, confirming that FIDA/USDT perpetual contracts will now be available with leverage up to 75x. This move is part of the exchange’s broader strategy to enhance its futures trading options, giving users more flexibility in their trading decisions.

Binance Futures will launch the FIDA/USDT perpetual contract with up to 75x leverage, starting at 12:30 (UTC) on 19.09.2024, expanding our trading options and enhancing user experience.Company Representative

FIDA Price Surge After Binance Listing

Following the listing news, the price of FIDA experienced a significant spike, reflecting strong market interest. Traders quickly moved in, pushing the token’s value upward. Binance’s decision to list this altcoin with high leverage options has caused a ripple effect across the market.

What’s Next for Binance and FIDA?

As Binance accelerates its listing process, more altcoins are expected to be introduced in the coming weeks, offering traders new opportunities. The price volatility associated with these listings, such as the surge seen in FIDA, highlights the exchange’s influence on market dynamics.

Binance continues to expand its offerings by introducing new altcoins and increasing opportunities for traders. Stay tuned for the latest updates on altcoin listings and cryptocurrency market news.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like