Binance has announced it will list NEXPACE (NXPC) on its Binance Alpha platform and Binance Futures starting May 15, marking the global debut of the token on any exchange.
NXPC spot trading will go live on Binance Alpha at 06:00 UTC, followed by the launch of the NXPCUSDT perpetual contract on Binance Futures at 06:30 UTC. The futures contract will offer leverage up to 50x and support Multi-Assets Mode, allowing users to post margin in assets like BTC.
Get ready! Binance Alpha will be the first platform to feature NEXPACE (NXPC)! Trading will open on May 15th.
Starting May 13th, eligible users need use Alpha Points to claim their airdrop on the Alpha event page, which will be published tomorrow with the activity rules.
Stay… pic.twitter.com/y19FHJQ701
— Binance (@binance) May 12, 2025
To celebrate the listing, Binance is offering an exclusive airdrop. Eligible users can redeem NXPC tokens using Binance Alpha Points through the Alpha Events Page between May 15 and May 16. The page is accessible via the Binance App.
NXPC, described as the economic layer for IP ecosystems, aims to drive next-generation digital rewards. Its futures contract features a funding rate capped at ±2%, with settlements every four hours. The contract will also be eligible for Binance Futures Copy Trading within 24 hours of launch.
Binance emphasized that futures listings are independent of spot listings and subject to change based on market risk. The exchange also reminded users of the inherent risks in margin trading and advised due diligence. With this move, Binance continues to expand its token offerings while boosting user engagement through exclusive reward mechanics.
In parallel with the listing, Binance has also released its May 2025 Proof of Reserves report, underscoring its commitment to transparency and financial stability. The report confirms that Binance holds over 100% collateralization across 37 major digital assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Notably, Binance reported holdings of 616,886.378 BTC, exceeding users’ total BTC balances of 604,886.378 BTC, reflecting a collateralization ratio of 102.06%. This update reinforces user confidence amid ongoing industry scrutiny and highlights Binance’s continued focus on trust and security.
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