Binance Launches Futures Trading for Magic Newton NEWT with 5x Leverage

Generated by AI AgentCoin World
Thursday, Jun 19, 2025 8:19 am ET1min read
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On June 19, Binance made several key announcements, focusing on new features and updates for its wallet and trading platforms. The most notable updates include the launch of futures trading for Magic Newton (NEWT) and the introduction of a new feature in Binance Wallet called Meme Rush.

Binance will launch futures trading for Magic Newton (NEWT) on June 19 at 14:30 (UTC). The NEWTUSDT Perpetual Contract will be available with 5x leverage. Magic Newton is a platform designed to create a secure rollup for AI-driven strategies, automated trading, and a marketplace for AI developers. This launch is expected to attract traders interested in leveraging AI technologies in their trading strategies.

In addition to the futures trading launch, Binance Wallet introduced a new feature called Meme Rush. This feature allows users to discover and trade memecoins early on the wallet. Meme Rush provides early insights into the latest memecoins sourced from external memecoin launch platforms, including Four.Meme on BNB Chain and Pump.fun on Solana. To access Meme Rush, users need to sign in to their Binance account, go to Binance Wallet, and access the Markets tab. This new feature is designed to offer a seamless trading experience for users interested in memecoins, with all listed memecoins available for instant trading via the Swap Interface.

Binance Wallet also announced its 26th exclusive Token Generation Event (TGE) with The League of Traders (LOT) via PancakeSwap. The subscription period for this event starts on June 20 from 8:00 to 10:00 (UTC). Eligible users will need to use their Binance Alpha Points to participate. Additionally, an extra 40 million LOT tokens will be allocated for future marketing campaigns, with more details to be announced later.

These announcements highlight Binance's ongoing efforts to innovate and enhance its platform, providing users with new tools and features to improve their trading and investment experiences. The introduction of Meme Rush and the TGE for The League of Traders demonstrates Binance's commitment to staying at the forefront of the crypto industry by offering cutting-edge features and opportunities for its users.