Introduction to Plasma (XPL) Listing
On September 25, 2025, Binance announced the addition of Plasma (XPL) to several key services, including Binance Simple Earn, Buy Crypto, Convert, Margin, and Futures. With this new listing, Binance continues to expand its diverse cryptocurrency offerings, aiming to enhance the trading and investment experience for its users.
What is Plasma (XPL)?
Plasma (XPL) is a decentralized digital asset designed to enable users to harness the power of blockchain technology. The asset aims to facilitate cross-chain transactions, providing faster, more secure, and cost-effective solutions for users in the digital economy. For detailed information, you can visit the official Plasma website.
Binance Simple Earn Details
- Listing Date: Plasma (XPL) will be available on Binance Simple Earn starting from September 25, 2025, at 13:00 (UTC).
- Special Offer: Starting September 26, 2025, a 200% APR XPL Locked Product will be available for eligible users on a first-come, first-served basis. Here are the details:
| Digital Asset | Duration | Special APR | Min. Subscription Limit per User | Max. Subscription Limit per User | Max. Total Subscription Limit |
|——————–|————–|——————|————————————–|————————————–|———————————-|
| XPL | 7 days | 200% | 1 XPL | 1,000 XPL | 12 Million XPL |
Eligibility Criteria for the Special Offer
To participate in the special offer, users must fulfill at least one of the following criteria during the promotional period (September 26, 2025, to October 9, 2025):
- Non-verified Users: Complete identity verification during the promotional period.
- Verified Users: Maintain a minimum Spot trading volume of $50 equivalent within the promotional period.
Eligible users may notice the updates in their accounts up to 48 hours after fulfilling the requirements.
Buy & Sell Crypto
Starting from the launch of Plasma (XPL), users will be able to purchase it using various payment methods, including VISA, MasterCard, Google Pay, Apple Pay, and Revolut, or trade with their account balances on the Buy Crypto page. Users can expect availability within one hour after XPL’s listing on Binance Spot.
Convert Options
Users will have the capability to trade Plasma (XPL) against BTC, USDT, and other cryptocurrencies through Binance Convert with zero transaction fees, also expected to be available within an hour following XPL’s listing.
Margin Trading Features
Beginning September 25, 2025, Plasma (XPL) will be listed as a new borrowable asset on both Cross and Isolated Margin trading. Traders will have access to the XPL/USDT and XPL/USDC trading pairs during this period.
Considerations for Margin Traders
- Newly listed assets may exhibit significant volatility. It’s crucial for users to implement robust risk management strategies.
- For comprehensive details related to margin trading, users can consult the Margin Data.
Futures Trading Insights
Starting September 25, 2025, Binance Futures will transition USDⓈ-M XPL Perpetual Contract pre-market trading into standard contracts. The conversion process may take up to three hours and will not interrupt trading and existing positions.
Key Details for Futures Trading
| USDⓈ-M Perpetual Contract | XPLUSDT |
|———————————|—————-|
| Conversion Time | September 25, 2025, 13:00 (UTC) |
| Underlying Asset | Plasma (XPL) |
| Settlement Asset | USDT |
| Tick Size | 0.0001 |
| Capped Funding Rate | +2.00% / -2.00% |
| Funding Fee Settlement Frequency | Every Four Hours |
| Maximum Leverage | 50x |
| Trading Hours | 24/7 |
| Multi-Assets Mode | Supported |
Important Notes for Futures Traders
- Binance has the discretion to adjust the specifications of XPLUSDT contracts based on market conditions.
- Users can also engage in Futures Copy Trading within 24 hours of launch. For further guidance, please refer to the FAQs.
Conclusion
With the addition of Plasma (XPL), Binance is reinforcing its commitment to providing a comprehensive trading platform that caters to a wide array of investment strategies and user preferences. As always, users are encouraged to remain informed and exercise caution due to the inherent volatility in newly listed assets.