Binance, the world's largest cryptocurrency exchange, announced that it will list the altcoin called TURBO in futures transactions.
Accordingly, Binance Futures will launch the USDT collateralized TURBO perpetual contract with 50x leverage.
“To expand the list of trading options offered on Binance Futures and improve users' trading experience, Binance Futures will launch the USDT margined TURBO Perpetual Contract with up to 50x leverage on 30.05.2024 15:30 (UTC).”
Following the news, the price of TURBO rose by 10%.
*This is not investment advice.