Changpeng Zhao, CEO of the large cryptocurrency exchange Binance, announced that the launch of the platform for trading futures contracts will be held in September.
Zhao announced the launch of the site to representatives of the crypto community during the next session on Twitter – “Ask me anything.” Earlier, the head of Binance already mentioned the company's intention to approve the launch of a platform for trading futures, which will initially support the BTC / USDT futures instrument (leverage up to 20x). Zhao announced this news during his speech at the Asian summit on blockchain technology, which was held in Taipei. So far, the exact start date for the work of the new platform remains non-public, however, the head of the crypto exchange noted that it is already operating in test mode, a full launch will take place before the end of September.
Zhao also drew attention to the fact that the company focuses on the development of stacking capabilities of digital assets. Recall that earlier Binance added stacking support for Stellar, Qtum, Stratis, Algorand.