Binance has announced that it will simultaneously launch futures and spot trading for a new altcoin, KGen (KGEN). According to the exchange, trading for KGEN will begin on the Binance Alpha platform at 5:00 PM UTC+3 on October 7, 2025. In addition, the KGENUSDT perpetual futures contract will also become available on the futures platform with a maximum leverage of 50x at 5:30 PM on October 7, 2025. This will make the platform the first to list both the spot and futures markets for KGen (KGEN). Related News: VanEck Releases Critical Report Discussing Bitcoin, Ethereum, Solana, and Tron The company is also holding a special airdrop event for eligible users. To participate, users must claim their airdrop using their Binance Alpha Points on the Binance Alpha Event Page between 5:00 PM on October 7, 2025, and 5:00 PM on October 8, 2025. *This is not investment advice. Continue Reading: Binance Announces It Will List a New Surprise Altcoin for Futures Trading