Binance Futures Announces Listing of a New Altcoin Trading Pair with 5x Leverage! Here Are the Details

Binance Futures has announced that it will launch the USDⓈ-margined NEWTUSDT futures contract on June 19, 2025, with a pre-market phase at 17:30 UTC.

Binance Futures Launches NEWTUSDT Futures Contract with Pre-Market Phase

This new contract aims to expand the platform’s trading options and provide users with greater flexibility by offering a maximum leverage of 5x.

Key Features of the NEWTUSDT Pre-Market Contract

Pre-Market “Mark Price” (Reference Price) Mechanism:

• If 21 or more transactions have occurred in the last 10 seconds, the reference price will be calculated based on the average of these transactions.
• If there are less than 21 trades, the system will use the average price of the last 20 trades.

This method aims to ensure price stability during the pre-market period when liquidity and price discovery are not yet fully established.

What It Means for Investors

The launch of the NEWTUSDT contract with a pre-market phase demonstrates Binance Futures’ commitment to providing innovative product structures and risk-controlled trading environments.

Thanks to precise price control mechanisms and well-defined transition processes, investors will be able to trade more transparently, with low slippage risk and in a secure manner.

Following the official listing of the NEWT token on the spot and derivative markets, this new contract is expected to attract both speculative investors and hedgers.

*This is not investment advice.