Bitcoin Exchange Binance Announces Listing of a New Altcoin on its Futures Trading Platform! Here Are the Details

Binance, one of the world’s largest cryptocurrency exchanges, has announced it will list a new perpetual futures contract on its futures platform to increase product diversity and expand trading options for users.

According to a statement from the exchange, Binance Futures will launch the ARXUSDT perpetual futures contract on June 23, 2026.

The new contract will begin trading on June 23, 2026, at 07:45. Users will be able to trade the ARXUSDT contract with a maximum leverage of 20x. The underlying asset of the contract will be the Arcium (ARX) token.

Arcium stands out as a project aiming to develop a decentralized network that enables computation on fully encrypted data without the need for trust. The project aims to provide high-performance computing services while protecting data privacy with an infrastructure it describes as an “encrypted supercomputer.”

According to the technical details shared by Binance, the ARXUSDT contract will use USDT as its settlement asset. The minimum transaction amount will be 1 ARX, while the minimum denomination will be 5 USDT. The price increment (tick size) will be 0.0001.

The upper limit for the funding rate is set at +2%, and the lower limit at -2%, with funding fees calculated and distributed every four hours. The contract will be available for trading 24/7, like other perpetual futures products on Binance Futures.

Additionally, the ARXUSDT contract will support Multi-Assets Mode, allowing users to utilize different collateral assets. Binance stated that it may make updates to contract features from time to time depending on market conditions.

The new listing will increase the visibility of the Arcium project while also offering investors the opportunity to trade with leverage on the price movements of the ARX token.

*This is not investment advice.

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