Binance, the largest cryptocurrency exchange by trading volume, made a new listing today. Approximately 45 minutes after the listing, the price created a significant spread. Now, an announcement has been made for futures listings.
Binance Altcoin Listings in April
Binance will list OMNI Coin in futures trading at UTC 14:00 (TSI 16:00), according to an announcement made a few minutes ago. Listings on Binance Margin and Binance Futures will occur simultaneously. Automatic investment will be activated two days later.
Binance listed Omni Network in USDT, FDUSD, BNB, BTC, and TRY pairs simultaneously. After the spot listings, OMNI Coin opened at $1 and surged to $55.5 before heavy selling pressure dropped it to $36.5, where it stood at the time of writing. The initial 45-minute trading volume of Binance OMNI/USDT exceeded $150 million.
Following the initial listings, the volatility in altcoins was strong, suggesting that investors should be cautious of price movements above $47 or below $30. Historical data shows that the real peaks and local bottoms generally form several days after Binance listings.
