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Binance to List Orochi (ON) on Alpha and Futures Markets October 24

Binance confirms Orochi’s ON token will debut on Alpha and USDT perpetual contracts with up to 50x leverage, enhancing market accessibility for traders.

USDT

Summary

According to Binance’s official announcement on October 22, Orochi (ON) will be listed on Binance Alpha on October 24 at 16:00 Beijing time and its USDT perpetual contract will launch at 16:30 the same day. The perpetual contracts will offer up to 50x leverage. This move expands trading options in both spot and derivatives markets for Orochi’s ON token.

Terms & Concepts
  • Binance Futures: A trading platform by Binance that allows users to trade cryptocurrency derivatives with leverage, tracking future contracts of digital assets.
  • Crypto Exchange Listing: The process of adding a cryptocurrency to a trading platform, making it available for buy, sell, and trade by users.
  • Orochi (ON): A cryptocurrency token identified as ON, set to be listed on Binance Alpha and Binance Futures.