PlaysOut to be listed simultaneously on Binance Alpha and Futures Market on the 31st

Global mini-game distribution platform PlaysOut (PlaysOut, PLAY) announced on the 30th that it will be simultaneously listed on the Alpha and futures markets of Binance, the global cryptocurrency exchange, on the 31st (KST).

With this listing, PlaysOut becomes the first project to have both Binance Alpha and futures trading supported at the same time. Binance Alpha is Binance’s new platform that allows users to participate early in emerging crypto asset projects.

Trading on Binance Alpha will begin at 5:00 PM on July 31, followed by the opening of 'PLAYUSDT' perpetual contract trading on Binance Futures at 6:30 PM. This futures product supports up to 50x leverage and enables 24/7 trading throughout the year.

The PLAYUSDT perpetual contract uses Tether (USDT) as collateral, and funding fees are settled every 4 hours. Detailed trading conditions, such as minimum tick size, will be announced separately 15 minutes prior to trading. Multi-Assets Mode is also supported.

A promotional event will be held to commemorate the listing. Binance is planning to hold a token airdrop event for selected users on the Alpha platform. Participants can receive tokens by using Alpha Points, and the application period runs from 5:00 PM on July 31 to 5:00 PM on August 1.

Meanwhile, PlaysOut is a next-generation game infrastructure platform designed to distribute mini-games to applications around the world through a single software development kit (SDK). It is directly compatible with major super app ecosystems with large user bases such as WeChat, TikTok, and Meituan, and it supports mainstream game engines including Unity, Cocos, LayaBox, and Egret.