Listing Altcoin That Binance Will Distribute Airdrop: Price Soars From Day One! - Coin Bulletin

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The world's largest cryptocurrency exchange Binance has announced the listing of a new altcoin for margin trading.

In an official announcement made on May 15, Binance stated that Nexpace, which has just been listed, can be used as a borrowable asset for cross and isolated margin trading today at 10:50 AM TRT (NXPC).

According to the announcement, Binance will provide NXPC investors the opportunity to trade on isolated and cross margin in the Tether (USDT) and USD Coin (USDC) pairs. With this listing, investors will now be able to use the NXPC/USDT and NXPC/USDC trading pairs for isolated and cross margin transactions.

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However, Binance reminded users that newly listed assets may have high volatility and that they should pay attention to risk management. Binance also stated that it may make changes to margin ratios, initial and maintenance margin requirements, and trading fees according to market conditions.

According to CoinGecko data, NXPC, which started trading today, is experiencing an increase from the first day due to listings from Binance and other exchanges. At the time this news was written, NXPC had risen by 60.2% and is trading at $3.12.