OKX and Binance, two main cryptocurrency exchanges, have introduced that they are going to be launching meme coin future contracts for NEIRO, BRETT and CAT. These contracts enable merchants to invest future value motion of the memecoin. This improvement is about to thrill memecoin traders and merchants throughout the globe and can cater to the rising demand for meme cash and also will enhance the worth of those memes cash within the crypto market.
OKX’s Memecoin Futures Choices
OKX, the second largest offshore change, has made it public that can be launching three meme coin futures contracts:
- NEIROETHUSDT: Neiro is a memecoin constructed on Ethereum blockchain, impressed by the Shiba Inu meme
- BRETTUSDT: Brett is a memecoin created on the Base chain, impressed by a comic book character meme
- CATUSDT: CAT is a memecoin issued on the BNBChain, impressed by cat-themed meme
Binance Joins in
Binance, one other main change, additionally introduced the launch of NEIROETHUSDT, providing as much as 75x leverage. Nevertheless, Binance has not introduced spot buying and selling for NEIRO. This may make this future contract the primary alternative for the traders to have interaction with the meme coin on this platform.
This improvement means that if mememcoins do properly, these exchanges may additionally checklist extra memecoins for future tradings and might develop their choices. Moreover, DeFi protocols is also built-in, additional increasing the horizons.
Launch of those meme coin futures contracts demonstrates the rising recognition of the meme cash and likewise the rise within the visibility of meme coin derivatives within the crypto world.
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