COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Binance Futures Launches Rocket Pool Futures Contracts
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Binance Futures Launches Rocket Pool Futures Contracts
Altcoin News

Binance Futures Launches Rocket Pool Futures Contracts

In Brief

  • Binance Futures will launch Rocket Pool's RPL futures on September 9, 2024.

  • RPL surged to $12.41 following the announcement, currently at $12.26.

  • Trading volume increased by 222.21%, reaching $11.46 million.

COINTURK NEWS
COINTURK NEWS 8 months ago
Share
SHARE

The cryptocurrency exchange Binance‘s futures arm, Binance Futures, announced that it will launch futures for Rocket Pool‘s RPL on September 9, 2024. The announcement from the cryptocurrency exchange triggered a sharp rise in RPL.

Contents
Futures for Rocket Pool Start Today at 15:30RPL Price Surged Sharply

Futures for Rocket Pool Start Today at 15:30

Binance Futures announced that it will expand its offering list by launching futures for RPL. Accordingly, USDT-margined RPL transactions with up to 75x leverage will start today at 15:30 Turkish time. Binance Futures targets users looking for more options to use leverage in their investments with this new product.

The settlement in the RPLUSDT perpetual futures contract will be in USDT and will have a tick size of 0.01. The perpetual futures contract, which will support multi-asset mode, has a capped maximum funding rate of the standard rate of +/- 2 percent. Funding fees will be paid every four hours, allowing investors to manage their positions more frequently and precisely.

The underlying asset of the perpetual futures contract, Rocket Pool, is a decentralized Ethereum $2,554 staking pool offering up to 4.33% APR for staking ETH. Users can join the Rocket Pool pool with a decentralized network of node operators or run their own nodes with just 16 ETH. Additionally, participants can earn commission income by staking ETH and gain additional RPL rewards with an APR of up to 6.36% by providing RPL collateral.

RPL Price Surged Sharply

Binance’s announcement caused sharp movements in RPL. The price of the altcoin surged to $12.41 following the exchange’s futures announcement and is currently trading at $12.26 with a 30.20% increase in the last 24 hours.

On the other hand, trading volume also increased threefold along with the price. According to CoinMarketCap data, the trading volume of the altcoin reached $11.46 million with a 222.21% increase in the last 24 hours.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Expert Predicts Sui Could Emulate Solana’s Meteoric Rise

MetaMask Stirs Buzz with Possible Altcoin Launch

Pi Coin’s Dramatic Drop Raises Questions About Its Future

Solana Bounces Back: Unveiling Promising Altcoins and Future Prospects

JPMorgan Pushes Its Unique Crypto Network Forward

COINTURK NEWS 9 September, 2024 - 2:01 pm 9 September, 2024 - 2:01 pm
Share This Article
Facebook Twitter
Share
Previous Article Catizen Celebrates Six-Month Milestone with Impressive Growth
Next Article Bitcoin Leads Massive Crypto Outflows While Solana Surprises
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

SEC Approval of XRP ETF Sparks Ripple’s Path to Dominance
Ripple (XRP)
Crypto Turbulence Strikes: Traders Juggle Gains and Market Corrections
Cryptocurrency News
Bitcoin Hits $1 Million: A Bold Prediction Ignites Intrigue
Bitcoin (BTC)
Ukraine Embraces Bitcoin as a Strategic National Reserve Asset
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?