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Binance Bets Big on Skate ($SKATE) With Trading and Futures Launch June 9

Binance Bets Big on Skate ($SKATE) With Trading and Futures Launch June 9

Coingape
Author:
Coingape
Release Time:
2025-06-06 06:20:05
0

Crypto's biggest casino rolls another dice—this time on a token named after wheels you can't even ride.

Binance just dropped the trading equivalent of a 'hold my beer' moment by listing Skate ($SKATE) spot and derivatives. Because nothing says 'utility' like leveraged bets on a coin referencing a 1970s sidewalk sport.

The move follows Binance's playbook: onboard obscure tokens, let degens pump volume, and collect fees while pretending this advances blockchain adoption. Futures trading goes live same day—because why wait for fundamentals when you can 50x your way to liquidation?

Pro tip: Watch for the inevitable 'Skate to the moon!' memes right before the 80% retracement. The house always wins—especially when the house runs the order books.

RESOLV Gains 460% as Binance Confirms Alpha and Futures Listing

Binance has announced the listing of $SKATE on its Alpha platform, with trading set to begin on June 9, 2025, at 10:00 UTC. Just 30 minutes later, at 10:30 UTC, the exchange will roll out SKATE/USDT perpetual futures, offering up to 50x leverage. This move gives traders access to both spot and Leveraged futures trading for SKATE, enhancing market participation and liquidity for the newly listed asset.

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