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Binance Futures, Binance's futures trading platform, announced that it has launched a new perpetual contract for the Rootstock Infrastructure Framework (RIF), a project that aims to provide decentralized tools and technologies for building accessible DeFi products, according to its website.
The listing of the altcoin in futures transactions will take place today at 15:30 Turkey time and up to 50x leverage can be used.
The RIF project introduces itself on its official website as follows:
“RIF is a set of open source protocols that run on Bitcoin's smart contract platform, Rootstock (RSK). RIF enables developers to create applications that take advantage of Bitcoin's security, scalability and interoperability.”
RIF is currently listed as spot pairs on many major exchanges, including Binance, Gate.io, Poloniex and MEXC.
Following the listing news, there was a sudden increase in the price of the altcoin, with a jump from $ 0.097 to above $ 0.11. At the time of writing this article, RIF price is trading at $ 0.1074.
*This is not investment advice.