Binance Rolls Out Futures With 75x Leverage for New Altcoin KERNEL

Binance has officially announced the platform-wide integration for new altcoin, expanding its availability across multiple core products

Binance is integrating a new altcoin across a range of its products.

Popular cryptocurrency exchange Binance is adding a new altcoin to its platform in multiple products.

What Happened: Binance announced the addition of an “interesting new token” to its core products. The coin is none other than KERNEL, which is being listed in Simple Earn, Buy Crypto, Convert, Margin, and Futures.

“We are excited to announce the listing of KERNEL, which will be available on Simple Earn, Buy Crypto, and Convert at 19:00 (Paris Time), April 14, 2025,” Binance announced.

The coin will be listed as a flexible product on Simple Earn, where users can earn passive income on their KERNEL.

Those wishing to buy the new altcoin can do so using Visa, MasterCard, Google Pay, Apple Pay, or Revolut via the Buy Crypto portal.

At the time of writing, the new token listing will also come with one hour of zero-fee spot trading through Binance Convert, post-listing. This will allow users to quickly convert KERNEL into BTC, USDT, and other major assets.

Margin and Futures Support Goes Live

At 3:20 PM ET, KERNEL will be added to Binance Margin as a borrowable asset in both Cross and Isolated Collateral.

Trading pairs like KERNEL/USDT and KERNEL/USDC will also be supported on Binance Futures, along with up to 75x leverage for the KERNEL/USDT USDⓈ-M Perpetual Contract.

“Newly listed tokens tend to be highly volatile, especially in the first few hours of listing. Please be cautious and apply strong risk management strategies when trading the token on any Binance product,” Binance warned.

What Next: Those interested in learning more about the new token can visit the Binance Help Center for more information.

Earlier this week, reports stated that Binance is planning to launch its own stablecoin, pegged to the Japanese Yen. The report from the TokenPost claims that Binance is aiming to expand its fiat offerings.