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Binance Announces Major PUMP Conversion Update for Enhanced Crypto Trading

Maria LourdesMaria Lourdes10h ago

Binance Announces Major PUMP Conversion Update for Enhanced Crypto Trading

Binance, the world's leading cryptocurrency exchange, has rolled out a significant update concerning the conversion of PUMP pre-market contracts into standard perpetual contracts. This move is aimed at providing users with a more seamless and efficient trading experience on the platform.

According to recent announcements, the PUMP/USDT perpetual contracts, initially launched as pre-market instruments, have now officially transitioned to standard trading contracts as of July 14, 2025. This update allows traders to access enhanced liquidity and improved market stability for the PUMP token.

The conversion is part of Binance's broader strategy to refine its futures trading offerings. By integrating standard perpetual contracts, the platform ensures that users can engage in trading with greater flexibility, leveraging the full potential of the Binance Futures platform.

In addition to the conversion update, Binance has introduced a new token generation event model for its wallet users, featuring a Pump.fun-style bonding curve mechanism. This innovative approach is designed to facilitate dynamic pricing and token launches, though it differs from Solana’s Pump.fun model, as confirmed by a Binance spokesperson.

This development comes amidst growing speculation of rivalry with platforms like Solana, as Binance continues to expand its ecosystem with cutting-edge features. The token launch platform is expected to attract more developers and traders, further solidifying Binance's position in the crypto market.

Traders and investors are encouraged to stay updated via Binance’s official channels for further details on trading fees, margin requirements, and other specifics related to the PUMP conversion and new token features.


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Binance Announces Major PUMP Conversion Update for Enhanced Crypto Trading - BitcoinWorld (Picture 1)

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