Binance, Exchanges

What Are Binance Futures?

Binance Futures is a cryptocurrency derivatives trading platform launched by Binance in September 2019. The platform allows users to trade digital assets with up to 125x leverage.

Binance Futures uses a fair price mark model to calculate the contract prices of all assets.

The platform initially supported the trading of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) against the U.S.

dollar (USD). In November 2019, Binance Futures added support for Bitcoin Cash (BCH), EOS, and Tron (TRX).

In December 2019, Binance announced that it would launch a separate platform for margin trading, called “Binance 2.0”. The new platform would offer up to 50x leverage on cryptocurrency pairs.

However, in January 2020, Binance announced that it would delay the launch of Binance 2.0 due to “regulatory uncertainty”.

NOTE: WARNING: Binance Futures trading is an advanced trading activity and involves a high level of risk. You should carefully consider whether you understand how Binance Futures work and whether you can afford to take the high risk of losing your money. You should also be aware that leverage can work against you as well as for you.

Binance Futures has been designed to offer a number of benefits to users, including:

– Reduced slippage: due to the use of a fair price mark model, prices are less likely to be subject to large swings that can cause slippage.

– Increased liquidity: the platform uses an order book with multiple levels of liquidity, providing users with greater flexibility when executing trades.

– Enhanced security: Binance Futures employs multiple security measures, including 2-factor authentication and cold storage for user funds.

-24/7 customer support: the platform offers 24/7 customer support via live chat and email.

What Are Binance Futures?
Binance Futures is a cryptocurrency derivatives trading platform launched by Binance in September 2019.

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