The Binance cryptocurrency exchange this Monday announced the start of testing two platforms for trading futures contracts .
Exchange users are invited to familiarize themselves with both platforms and vote for one of them, the implementation of which they find more successful. The platform, which will gain more votes from September 3 to 8, will be called the official Binance futures platform. Users who cast their votes for the winner will be able to take advantage of the reduced commissions by 50% on the Binance Futures site within a month.
To conduct tests on each platform, exchange customers will be credited with 100,000 test USDT. Users with the highest trading volume during the testing period will share the prize pool of 10,000 BNB among themselves.
Currently, only BTC / USDT futures are available on both platforms. Initially, plans to launch Binance Futures CEO Exchange Changpen Zhao announced in July. When futures trading starts in real format, the company does not specify.
Also last week, Binance announced the launch of the Binance Lending service, which will allow users to increase their cryptocurrency assets by providing them to finance the margin positions of other market participants.
Publication date 09/03/2019
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