Binance to List KGEN and Launch 50x Leveraged Perpetual Contract on Alpha
According to Binance’s latest announcement, the exchange has officially listed KGEN on Alpha, providing its contract address 0xf3d5b4c34ed623478cc5141861776e6cf7ae3a1e for transparency and verification.
Fact Check
Evidence from Foresight News (Source 1) directly and explicitly confirms all parts of the statement: the listing of KGEN on Binance Alpha and the launch of a KGENUSDT perpetual contract with up to 50x leverage on Binance Futures. Other sources, while concerning different tokens, corroborate the general pattern of new assets being listed on 'Binance Alpha' alongside a perpetual contract launch on Binance Futures, which increases the confidence in the report.
Summary
Binance has officially announced the listing of KGEN on its Alpha platform, confirming the contract address as 0xf3d5b4c34ed623478cc5141861776e6cf7ae3a1e. The disclosure forms part of Binance’s formal statement detailing the token’s launch and associated trading activities. The update reinforces the platform’s transparency standards by providing verified contract information for KGEN, following earlier announcements regarding its trading schedule and airdrop program.
Terms & Concepts
- KGEN: The token newly listed on Binance Alpha, identified by contract address 0xf3d5b4c34ed623478cc5141861776e6cf7ae3a1e.
- Contract Address: A unique identifier on a blockchain representing a specific token or smart contract used for verification and transactions.
- Binance Alpha: A trading platform by Binance designed for early-stage listings, airdrops, and leveraged contract trading.