Binance Announced a New Altcoin Listed in Futures! Price Reacted!

Binance, the world's largest cryptocurrency exchange, started the day with the altcoin announcement.

At this point, Binance announced that it has listed the altcoin named Sui (SUI) in futures transactions.

“To expand the list of trading options offered on Binance Futures and improve the trading experience of users, Binance Futures will launch the USDC margined SUI Perpetual Contract with up to 50x leverage on 08.02.2024 at 07:00 (UTC).”

After Binance's announcement, SUI price started to rise.

*This is not investment advice.