VeThor Token (VTHO) Futures Contract Listing on Binance Futures

Binance Futures announced the listing of a new futures contract for VeThor Token (VTHO) to expand the trading choices for users and enhance their overall experience

Binance Futures is expanding its offerings with the introduction of a new futures contract for VeThor Token (VTHO). This move aims to provide traders with more options and enhance their overall experience on the platform.

Moreover, the coin has seen a significant price surge recently.

Binance Futures VTHO Listing Details

As announced by Binance Futures, the platform will be listing the VTHOUSDT Perpetual Contract today, January 22, with up to 75x leverage.

The futures contract will be launched at 09:30 (UTC).

The futures contract will be available for trading at 09:30 (UTC).

VTHO Price Trajectory

At the moment of writing this article, VTHO is up by over 300%, reaching a market cap of over $776 million.

The coin’s market cap surged from around $171 million, reaching a top above $855 million. After that, the coin’s market cap dropped to levels of around $388 million, and then, it started another surge to $796 million today.

What is VeThor Token (VTHO)?

VeThor Token is one of the two coins used by the VeChainThor public blockchain. In 2015, VeChain was launched, but it went through a significant rebranding process in 2018.

The platform’s native token is VeChain (VET) and VTHO plays an important role in the overall functionality of the blockchain.

VTHO is a VIP-180 Standard token, representing the cost of using the VeChainThor blockchain.

The bi-token design of the blockchain allows traders to take part in the project with both tokens, leading to a diversified involvement.

VTHO’s main purpose is to facilitate processes and transactions on the blockchain, representing the smart contract layer of the network.