Binance, the world’s largest cryptocurrency exchange, continues its altcoin announcements.

At this point, Binance announced that it will launch futures trading for the altcoin called MBOX with 75x leverage.

“To expand the list of trading options offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the MBOXUSDT Perpetual Contract with up to 75x leverage as of 09:30 AM (UTC) on August 28, 2024.”

Following the news, MBOX price skyrocketed.

*This is not investment advice.