Binance Launches Futures for Neiro and BabyDoge Coin Today

Key Points

Binance Futures has announced the launch of two new futures contracts: NEIROUSDT and 1MBABYDOGEUSDT. These contracts will offer up to 75x leverage, expanding trading options and enhancing the trading experience for users.

Futures Listings Details

According to Binance’s official announcement, the key details for the new futures contracts are as follows:

• Perpetual Contracts: NEIROUSDT and 1MBABYDOGEUSDT
• Launch Times:
  • NEIROUSDT at 11:30 UTC
  • 1MBABYDOGEUSDT at 11:35 UTC
• Underlying Assets:
  • NEIROUSDT: First Neiro on Ethereum (NEIRO)
  • 1MBABYDOGEUSDT: BabyDoge Coin (BabyDoge)
• Settlement Asset: USDT
• Capped Funding Rate: +2%/-2%
• Funding Fee Settlement Frequency: Every four hours, starting at 12:00 UTC
• Maximum Leverage: 75x
• Trading Hours: 24/7
• Multi-Assets Mode: Supported, allowing trading across multiple margin assets, including BTC

Adjustments and Terms

Binance may adjust the futures contracts based on market risk conditions. Possible adjustments could include:

• Funding Fee
• Tick Size
• Maximum Leverage
• Initial Margin
• Maintenance Margin Requirements

The futures contracts are subject to Binance’s Terms of Use and Binance Futures Service. The contract address for verification of First Neiro on Ethereum (NEIRO) is 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee.

This is distinct from the NEIROETH Futures listing dated September 6, which has a different contract address: 0xee2a03aa6dacf51c18679c516ad5283d8e7c2637.

What is First Neiro on Ethereum (NEIRO)?

First Neiro on Ethereum is a memecoin that is 100% community-owned and managed. It differs from the token Neiro on Ethereum.

What is BabyDoge Coin?

BabyDoge Coin, also known as 1MBABYDOGE, is a leading community memecoin on the BNB Chain. Initially created as a joke, it aims to promote awareness of animal adoption.