Binance Launches TOWNS and PROVE Tokens with Capital-Protected Trading Features

Binance officially extends the rollout of TOWNS and PROVE tokens to its Simple Earn, Buy Crypto, Convert, Margin, and Futures services with staggered launch times, enhancing trading opportunities and reward programs.

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Summary

Binance has announced the integration of TOWNS and PROVE tokens across its ecosystem. TOWNS will launch at 14:30 (UTC) and PROVE at 17:00 (UTC) on August 5, 2025, on platforms including Simple Earn, Buy Crypto, Convert, Margin, and Futures. The announcement, an official press release, details the listing of flexible products on Simple Earn, spot trading options with various payment methods, margin pair additions, and USDⓈ-M perpetual contracts with up to 75x leverage. In addition, both tokens are part of the Binance HODLer Airdrops program that rewards BNB holders.

Terms & Concepts
  • USDⓈ-M perpetual contracts: Futures contracts on Binance that allow trading with high leverage (up to 75x) and have no expiration.
  • HODLer Airdrops: Reward distributions given to BNB holders based on historical BNB asset balances, part of Binance's promotional incentives.