Key Points
- Binance will launch futures buying and selling for FIO as we speak.
- The FIOUSDT Perpetual Contract will launch with as much as 75x leverage.
Binance revealed the launch of futures buying and selling for FIO at 11:30 (UTC) as we speak. The FIOUSDT perpetual contract will launch with as much as 75x leverage.
Binance has been launching numerous futures contracts to increase the buying and selling decisions and general expertise for customers.
Following the alternate’s announcement, the worth of FIO Protocol (FIO) surged significantly as we speak.
At the second of writing this text, FIO is buying and selling above $0.04, up by 57% prior to now 24 hours. Earlier, the token reached a value of over $0.46.
The token at the moment has a market cap of over $33 million.
What is FIO Protocol (FIO)?
FIO Protocol (FIO) is a decentralized, open-source usability answer that allows simpler crypto transactions on all blockchains. It does this by changing advanced pockets addresses with a single, customizable, and human-readable Crypto Handle within the format of username@area.
Such Crypto Handles can be utilized for sending, receiving, requesting, and signing any sort of crypto transaction as straightforward as sending an e-mail.
FIO Protocol has the mission to make crypto straightforward to make use of by eradicating the dangers of human error when transacting with long-string pockets addresses on completely different blockchains and community varieties.
FIO integrates into any sort of dApp and has a rising associate ecosystem. This ecosystem consists of over 75 wallets, exchanges, marketplaces, cost processors, and gaming platforms, together with its app FIO Dashboard.
Key FIO Protocol options embrace the next:
- FIO, its native utility token used for transaction charges and the governance on FIO Protocol’s native DPoS blockchain, FIO Chain
- Wrapped FIO, a tokenized model of the native FIO token that runs on Ethereum
- FIO Crypto Handles defined above
- FIO Domains which permit customers to totally customise their FIO Crypto Handles
- FIO Requests which permit customers to provoke crypto cost requests by way of Crypto Handles just like PayPal/Venmo
- FIO Data, transaction metadata that helps decentralized commerce by enabling safe storage of on-chain knowledge transaction