Binance Rolls Out Futures With 75x Leverage for New Altcoin
Starting today, April 14, 2025, at 19:00 PM UTC, KERNEL will be listed as a flexible product on Binances Simple Earn platform, enabling users to earn passive income on their holdings.
Users can purchase KERNEL using Visa, MasterCard, Google Pay, Apple Pay, or Revolut via the Buy Crypto portal. Additionally, zero-fee spot trading will be available for one hour post-listing through Binance Convert, allowing users to swap KERNEL directly against BTC, USDT, and other major assets.
Margin and Futures Support Goes Live
At 3:20 PM ET, KERNEL will be added to Binance Margin as a borrowable asset across both Cross and Isolated Collateral systems. Trading pairs like KERNEL/USDT and KERNEL/USDC will be supported, unlocking leveraged trading for users seeking exposure through Margin.
Simultaneously, Binance Futures will launch the USD-M KERNEL Perpetual Contract, offering up to 75x leveragefor high-risk traders.
Binance has advised users that newly listed tokens often experience high volatility, especially in the first hours of listing. Traders are encouraged to apply strong risk management strategies when engaging with KERNEL across any supported products.
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Text source: Coindoo
