Binance has announced the listing of three new memecoins—Neiro (NEIRO), Turbo (TURBO), and Baby Dogecoin (100000BABYDOGE)—on its platform. Spot trading for these tokens will begin today at 18:00 (UTC+8), with available trading pairs including NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT. Binance will also apply the Seed Tag to these listings, enhancing its diverse range of cryptocurrencies.
Neiro (NEIRO) operates on the Ethereum blockchain and is categorized as a memecoin. Turbo (TURBO), another memecoin, distinguishes itself by being created with the assistance of artificial intelligence. However, Baby DogeCoin (100000BABYDOGE) is another memecoin derived from the Binance Smart Chain (BSC) that has been widely accepted. These tokens will complement Binance’s portfolio for the increasingly popular memecoin sector that has emerged in the cryptocurrency market.
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Binance Futures to Launch NEIRO and Baby Doge Perpetual Contracts
Along with the spot listings, Binance will list perpetual contracts for NEIRO and Baby DogeCoin. The NEIROUSDT perpetual contract will be available on September 16, 2024, at 11:30 (UTC+8) with up to 75x leverage. Only 5 minutes away, at 11:35 (UTC+8), the 1MBABYDOGEUSDT perpetual contract will be available with the same leverage options. These futures contracts enable the trader to trade based on the future value of these tokens and are more leveraged for more experienced traders.
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These perpetual contracts are being introduced as part of Binance’s plan to offer traders flexible trading products. The high leverage that can be provided for both NEIRO and Baby Doge Coin means that Binance expects many small and large investors to engage with these assets.
Binance continues diversifying its product offerings, catering to a wide range of traders. This expansion of trading pairs and futures contracts indicates that Binance is committed to supporting the broader ecosystem of memecoins while providing advanced tools for crypto traders.
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Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.