Binance Lists Voxies on Futures Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 20 2024Binance Futures Launches VOXEL Contracts: Binance has added Voxies (VOXEL) to its futures market, allowing trading of the VOXELUSDT perpetual contract with leverage up to 50x, which has led to a significant price increase for the token.
Market Impact and Trading Insights: Following the announcement, VOXEL's price surged over 60%, highlighting strong investor interest; however, the high leverage also poses substantial risks for traders.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
