Binance Futures New Altcoin: APRO (AT)

The world's largest cryptocurrency exchange Binance announced on Wednesday, October 29 that it has added a new altcoin to its futures trading platform. The APRO (AT) altcoin has started trading with a maximum 50x leverage using Tether (USDT) margin perpetual futures contracts. The ATUSDT contract was opened for trading at 14:30 Turkish time (TSI).

APRO (AT) stands out as a data oracle protocol that provides real-world data to blockchains. It was stated that the funding rate for this new futures contract would start at %0.005 and would be updated in the future within the range of -%2.00 to +%2.00. Funding fees will be calculated every 4 hours.

It was emphasized that depending on market conditions, changes could be made to funding rates, maximum leverage rates, and trading limits. Additionally, Binance announced that this futures contract supports the Multi-Assets Mode feature. With this feature, users will have the opportunity to trade with different collateral assets, for example, Bitcoin (BTC).

APRO (AT) was recently listed on the Binance Alpha Market for spot trading. The project draws attention with its vision of providing reliable data flow to blockchains. With APRO (AT) offering new opportunities for investors, an increase in interactions within the cryptocurrency market is expected. However, it is important for investors to always be cautious and consider market conditions.