Binance to Launch New Altcoin on Alpha and Futures with Airdrop Rewards
By: bitcoin ethereum news|2025/05/03 15:45:02
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Binance has announced the exclusive launch of Obol (OBOL) on its Binance Alpha trading platform and Futures market. Trading for OBOL will begin on May 7, 2025, at 10:00 UTC, followed by the launch of the OBOLUSDT Perpetual Contract at 10:30 UTC the same day. As the first exchange to support both Alpha and Futures trading for OBOL, Binance is offering early users an opportunity to earn an airdrop. Eligible users who meet the Binance Alpha Points threshold—details to be revealed on launch day—will receive their airdrop within 20 minutes of trading commencement. The OBOLUSDT contract offers up to 50x leverage, and trading will be available 24/7. Built on the Obol Stack, the project focuses on distributed validators to enhance staking security and performance. To reduce congestion on the Ethereum network, Binance recommends placing limit orders when trading begins. Binance users can also trade OBOL futures using BTC and other assets under the Multi-Assets Mode. The contract features a funding rate capped at ±2.00%, settled every four hours. This launch marks another step in Binance’s continued commitment to supporting innovative blockchain projects while offering early trading access and incentives to its global community. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/binance-to-launch-new-altcoin-on-alpha-and-futures-with-airdrop-rewards/
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