Binance futures trading coming soon! Binance, the world’s largest crypto currency exchange by trading volume, will soon launch Binance Futures Trading!
CZ spoke at a presentation during the Asia Blockchain Summit in Taipei yesterday, where he showcased a futures trading interface on Binance. Features include longs and shorts on crypto assets.
“Binance will be launching a futures platform very soon. I don’t have the exact date yet. The simulation test version will be live in a few weeks,” he said. Referring to the screenshot of the interface showed on the stage, Zhao added:
“This is an actual screenshot of the working system. So Binance futures is coming.”
Leverage seems to be capped at 20x, and will only be offered for trading Bitcoin initially. Testing could come as soon as 2 weeks from now.
This news of futures trading comes right after the company announced Margin Trading on the platform last month.
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