Binance Futures increased leverage to 125x

The crypto derivative platform of the Binance exchange increased the maximum leverage available to users from 20x to 125x.

⏱️? pic.twitter.com/Q30wqZYmGS

– Binance (@binance) October 17, 2019

According to Binance CEO Changpeng Zhao, this decision was made in response to demand from institutional people who are “looking for the most efficient and fastest trading opportunities, both in terms of cost and performance.”

In turn, the head of Binance Futures Aaron Gong promised in the last quarter of this year to talk about new features on the futures platform.

Note that trading volume on the new platform of the Binance ecosystem on October 15 updated the maximum:

Data: skew

However, in this regard, Binance Futures is still far from BitMEX, where the daily turnover exceeds $ 2 billion. At the same time, the main competitor of Binance Futures has a leverage of XBT / USD of 100x.

Earlier, BlockchainJournal reported that the daily turnover on Binance Futures is comparable to the real volume of trading on the 10 largest exchanges according to Bitwise.

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