KGeN Listed on Binance Alpha and Futures…Trading Begins on the 7th

Source
Bloomingbit Newsroom

Summary

  • KGeN announced that it is entering the world's largest virtual asset (cryptocurrency) exchange Binance.
  • It said that starting on the 7th, KGEN spot trading on Binance Alpha and the KGEN/USDT perpetual futures contract offering up to 50x leverage will begin.
  • Binance, as the first exchange to support KGEN trading in the spot and futures markets, said it will also hold an airdrop event to commemorate the listing.

Global verification distribution protocol company KGeN is entering Binance, the world's largest virtual asset (cryptocurrency) exchange.

Binance said on the 5th (local time) via its official channel that it will start KGeN (KGEN) spot trading on Binance Alpha on the 7th at 14:00 (UTC, 11:00 PM KST on the 7th), and will launch the KGEN/USDT perpetual futures contract offering up to 50x leverage from 11:30 PM on the same day.

The KGEN/USDT perpetual futures contract will use the US dollar stablecoin Tether (USDT) as the settlement asset, and funding fees will be charged every four hours.

Binance, as the first exchange to support KGEN trading in the spot and futures markets, will hold an airdrop event for users to commemorate this listing. Participants can apply for the airdrop using Binance Alpha Points from 11:00 PM on the 7th until 11:00 PM on the 8th.

publisher img

Bloomingbit Newsroom

news@bloomingbit.ioFor news reports, news@bloomingbit.io
What did you think of the article you just read?