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According to an announcement made by Binance exchange just a minute ago, two cryptocurrencies are being listed for futures trading. In the past two months, we have witnessed significant increases in the listing of altcoins in futures trading on the Binance exchange. As the king of cryptocurrency exchanges, with BTC now pushing $35,000, Binance is adding two more altcoins to its list.
Binance Futures Listing
According to the announcement by Binance exchange, POLYX and GAS will be available for futures trading with leverage of up to 50x. The price of these two altcoins may increase prior to the listing on October 25. Despite negative movements in BTC and many other cryptocurrencies, we have seen positive divergence in cryptocurrencies related to futures listings. Now, as BTC achieves double-digit gains, the rise of altcoins could become even more impressive.
Bitcoin is currently priced at $34,632. Following the news about POLYX, it surged from $0.23 to $0.286. GAS Coin also jumped from $2.6 to $3.1. If BTC continues to hold strong, it would not be surprising to see these two cryptocurrencies experience further growth until the listing takes place in a few hours. For now, GAS Coin has seen less growth compared to POLYX Coin.
