Binance has expanded its trading offerings with the listing of PlaysOut (PLAY) on both Binance Alpha and Binance Futures, effective July 31. The move aims to provide traders increased liquidity, global market access, and flexible trading mechanisms centered around the PLAY token.
Trading commences on Binance Alpha at 08:00 UTC, facilitating direct on-chain transactions. An hour later at 09:30 UTC, PLAY/USDT perpetual contracts launch on Binance Futures, enabling leveraged positions for speculative traders. This dual-listing strategy enhances PLAY’s global visibility and capital efficiency.
Binance emphasized strict token selection criteria prioritizing community engagement, technological robustness, and innovative utility. The PLAY/USDT perpetual contract will incorporate high liquidity buffers alongside leverage options, requiring traders to carefully manage margin requirements amid expected volatility.
The exchange advised participants to conduct independent research, note the staggered listing times, and implement prudent risk management strategies including position size limits. This expansion underscores Binance’s continued focus on bridging emerging blockchain projects with institutional-grade trading infrastructure.