Binance has announced the launch of trading contracts for new tokens CROSS and AIN, offering traders up to 50x leverage.
Launch of CONTRACT Trading on CROSS and AIN
Trading for CROSS/USDT will begin on July 11 at 07:00 UTC, followed by AIN/USDT at 07:15 UTC. Each contract will support up to 50x leverage, allowing users to amplify their positions.
Overview of CROSS and AIN
CROSS is a purpose-built Layer 1 blockchain for Web3 gaming, offering EVM compatibility and modular tools like SDKs, a DEX, a bridge, and a live wallet. AIN, or AI Network, operates as a decentralized ecosystem for building and monetizing AI models directly on-chain.
Binance's Strategy in Derivatives
This move underscores Binance's ongoing push to broaden its derivatives platform and attract traders seeking high-risk, high-reward exposure to emerging altcoins.
The launch of trading contracts for CROSS and AIN highlights Binance's expansion in the derivatives and cryptocurrency technology space, opening new horizons for traders.
