Binance, the world’s largest cryptocurrency exchange, continues its rapid pace of altcoin listings. In its latest move, Binance has announced the listing of the REI altcoin with 75x leverage in its futures market.
Binance Announces REI Listing with 75x Leverage
As part of its ongoing efforts to expand trading options and enhance the user experience, Binance Futures revealed that REI/USDT perpetual contracts with up to 75x leverage would be launched on September 27, 2024, at 11:00 (UTC). Binance stated:
“To expand the list of trading options offered on Binance Futures and enhance user trading experiences, Binance Futures will launch the REI/USDT Perpetual Contract with up to 75x leverage starting from September 27, 2024, at 11:00 (UTC).”
Following the announcement, REI‘s price saw a significant increase, reflecting the market’s positive reaction to the news.