Binance Futures Announces Listing of Obol Collective (OBOL)

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Binance Futures, Binance's derivative trading platform, recently announced the listing of Obol Collective (OBOL). Those who don't have a Binance account can register through THIS LINK to get reduced transaction fees.

binance-margin-futures

Specifically, Binance Futures will launch the OBOLUSDT perpetual contract at 5:30 PM on 5/7 (Vietnam time) with leverage support up to 50x.

Details about this new contract can be seen in the table below:

USDⓈ-M Perpetual Contract

OBOLUSDT

Opening Time

5:30 PM 5/7 (Vietnam time)

Underlying Asset

Obol Collective (OBOL)

Settlement Asset

USDT

Tick Size

Not yet clear

Maximum/Minimum Funding Rate

+2.00% / -2.00%

Funding Rate Recalculation Time

Every 4 hours

Maximum Leverage

50x

Trading Time

24/7

Multi-Assets Mode

Supported

Announcement details: Obol (OBOL) Will Be Available on Binance Alpha and Binance Futures | Binance Support

In addition, Binance also announced an Airdrop of OBOL for users who have previously purchased tokens on Binance Alpha. The receiving conditions will be announced on 5/7.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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