Binance Adds Chainbase Velvet Futures Trading July 15 2025

Generated by AI AgentCoin World
Tuesday, Jul 15, 2025 3:16 am ET1min read

Binance, the world's largest cryptocurrency exchange, has made a significant move by announcing the addition of two new altcoins to its futures trading platform. The altcoins, Chainbase (C) and Velvet (VELVET), have been listed, marking a notable expansion in the exchange's offerings. This strategic decision is aimed at diversifying Binance's portfolio and catering to the growing demand for alternative cryptocurrencies. By offering these new altcoins, Binance is providing traders with more opportunities to speculate on the price movements of these digital assets, which is likely to stimulate interest in the cryptocurrency market.

The listing of Chainbase and Velvet on Binance's futures platform is part of the exchange's ongoing efforts to expand its offerings and attract more users. The announcement specifies that the perpetual contracts for C/USDT and VELVET/USDT will be launched on July 15, 2025, with up to 50x leverage. This move is expected to attract more traders and investors to the platform, as it expands its range of tradable assets. The decision to list these altcoins is a strategic one, aimed at positioning Binance as a leading player in the cryptocurrency market, capable of meeting the diverse needs of its users.

Following the news, the prices of VELVET and C have begun to rise, reflecting the market's positive response to their inclusion on Binance's platform. This price movement is indicative of the potential for further gains, as traders and investors take positions in these newly listed assets. The positive market response to this announcement is a clear indication of the potential for further gains, as the prices of these newly listed altcoins continue to rise. This development is likely to have a positive impact on the exchange's user base, as it continues to attract new traders and investors to its platform.