Binance to Launch NEXPACE (NXPC) Trading and Futures Contracts in May 2025

Binance has announced that it will open trading for NEXPACE (NXPC) on its Binance Alpha platform starting May 15, 2025, at 06:00 (UTC). Additionally, Binance Futures will introduce the NXPCUSDT Perpetual Contract with up to 50x leverage at 06:30 (UTC) on the same day. This makes Binance the first platform to offer trading for NEXPACE (NXPC) on both Binance Alpha and Binance Futures.

In conjunction with the launch, Binance is offering an exclusive token airdrop for eligible users. Participants can claim their airdrop using Binance Alpha Points on the Binance Alpha Events Page between May 15, 2025, 06:00 (UTC) and May 16, 2025, 05:59 (UTC). More information on the airdrop process can be accessed via the Binance App.

NEXPACE (NXPC) Futures Contract Details

The NXPCUSDT Perpetual Contract will be available with a maximum leverage of 50x and will settle in USDT. The capped funding rate is set at +2.00% / -2.00%, with funding fees settled every four hours. The contract supports 24/7 trading and allows for Multi-Assets Mode, enabling users to trade across multiple margin assets.

Binance has noted that the specifications of the NXPCUSDT Perpetual Contract may be adjusted based on market risk conditions. This includes potential changes to the funding fee, tick size, maximum leverage, and margin requirements. The contract will also be available for Futures Copy Trading within 24 hours of its launch.

For more detailed information on the trading rules, leverage, and margin of USDⓈ-M Futures Contracts, users can refer to the official announcement here.

Important Considerations for Traders

Binance has emphasized that futures trading carries high market risk and price volatility. Traders are advised to independently assess the appropriateness of transactions in light of their own objectives and circumstances. Binance also reserves the right to amend or cancel the announcement at any time without prior notice.

For more information on responsible trading and the terms of use, users are encouraged to visit Binance’s official resources.

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