Binance Lists New Altcoin on Futures: Trading Starts Today!

Binance, the world’s largest cryptocurrency exchange, has announced that it will launch new futures trading for DAPPOS (DOS).

According to the statement by Binance Futures, Tether (USDT)-margined futures trading with a maximum of 20x leverage on the DOSUSDT contract will be opened for trading as of August 11 at 18:00 UTC+3.

It was stated that funding rates for this new contract will initially vary every 4 hours between a maximum of -2.00% and +2.00%. Binance also emphasized that funding rates, maximum leverage, and other trading details may be updated over time depending on market conditions.

In this contract, which supports Multi-Assets Mode, users will be able to trade using different assets such as BTC as collateral.