Binance, the largest crypto exchange in trading volumes, is preparing to launch a platform for trading crypto futures.
As part of his speech at the blockchain summit in Taipei (Taiwan), Changpeng Zhao, general director of the Binance cryptocurrency, presented the interface of the future platform for trading crypto futures. The functionality of the new product suggests the possibility of creating long and short positions.
Zhao noted:
“Very soon, Binance will present a platform for trading crypto futures. There is no exact date yet. Access to the test version of the platform will appear in a few weeks. ”
As confirmation, the creator of Binance presented a real screenshot of the future platform. It is known that initially the system will provide access to futures on BTC, leverage – 1:20.
. @ cz_binance just announced that #Binance will offer futures contracts in his keynote at the @aba_summit ! # ABS2019 #Taipei #Futures pic.twitter.com/RXlui8YY0V
Binance (@binance) July 2, 2019
Recall that last month the exchange introduced an updated version of the platform, in which a new feature appeared, namely access to margin trading. On June 24, the first liquidation of the marginal position took place. Changpeng Zhao drew the attention of the crypto community to the fact that the company will continue to develop blockchain technology, despite what mood prevails in the market.
