Binance, the world's largest cryptocurrency exchange, announced that it will list the altcoin called $TURBO in futures transactions.
Accordingly, Binance Futures will launch the $USDT collateralized $TURBO perpetual contract with 50x leverage.
“To expand the list of trading options offered on Binance Futures and improve users' trading experience, Binance Futures will launch the $USDT margined $TURBO Perpetual Contract with up to 50x leverage on 30.05.2024 15:30 (UTC).”
Following the news, the price of $TURBO rose by 10%.

*This is not investment advice.