<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/binance-announces-new-listings-and-boosts-futures-trading/" data-wpel-link="internal">Binance Announces New Listings and Boosts Futures Trading</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/binance-releases-10th-proof-of-reserves-report-btc-eth-xrp-doge-link-and-more/" data-wpel-link="internal">Binance</a> exchange makes a series of listing announcements today, including the introduction of new futures trading pairs. As the strongest platform in terms of volume in the <a href="https://en.coin-turk.com/political-ripple-of-cryptocurrencies-a-precursor-for-major-shifts-as-2024-approaches/" data-wpel-link="internal">cryptocurrency market</a>, Binance supports <a href="https://en.coin-turk.com/altcoin-prices-show-volatility-as-btc-experiences-short-term-fluctuations/" data-wpel-link="internal">altcoin</a> prices through these listing updates.</p> 
<h2 style="text-align: justify" id="binance-listings">Binance Listings</h2> 
<p style="text-align: justify">At 12:00 UTC today, Binance will activate the trading pairs RAYUSDT, KOMAUSDT, VIRTUALUSDT, and SPXUSDT. Traders looking to utilize 75x leverage can now take advantage of the Binance exchange.</p> 
<h2 style="text-align: justify" id="market-reactions">Market Reactions</h2> 
<p style="text-align: justify">Following the surge in the cryptocurrency markets, there is an increase in volume and demand for futures trading. This scenario also brings significant liquidation amidst rising volatility. Earlier today, over $850 million in long positions were liquidated within just one hour.</p> 
<p style="text-align: justify">With the announcement, the price of RAY increased by more than 5%, rebounding to levels prior to the drop.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-413465 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/12/RAYUSDT_2024-12-10_12-36-05.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Due to its lower liquidity, KOMA rose by 160%. While VIRTUAL saw an increase of over 7%, the price of BTC remains around $97,500. If tomorrow’s U.S. inflation data is positive, cryptocurrency traders may be encouraged to make more purchases ahead of the Fed meeting.</p> 
<p>The post <a href="https://en.coin-turk.com/binance-announces-new-listings-and-boosts-futures-trading/" data-wpel-link="internal">Binance Announces New Listings and Boosts Futures Trading</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Binance Announces New Listings and Boosts Futures Trading

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