Binance Lists Perpetual Futures for Skate (SKATE)

Source
Minseung Kang

Summary

  • Binance announced plans to list the Skate (SKATE) perpetual futures product on the 9th.
  • The perpetual futures contract offers up to 50x leverage.
  • SKATE is characterized as a project with Multi-VM infrastructure and blockchain liquidity integration.

Global digital asset (cryptocurrency) exchange Binance will list perpetual futures for Skate (SKATE).

On the 6th (local time), Binance announced in an official notice, "Binance is scheduled to list Skate (SKATE) perpetual futures (SKATEUSDT) on the 9th at 19:30 (KST)." On the same day at 19:00 (KST), SKATE will also be listed on the Binance Alpha platform.

Binance explained, "This perpetual futures contract offers up to 50x leverage."

Meanwhile, SKATE is a project that connects various dApps based on a Multi-VM infrastructure that bridges Ethereum Virtual Machine (EVM) and non-EVM chains. It also features integration of liquidity across multiple blockchains through an Automated Market Maker (AMM).

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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