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    Home » Testing showed that both Binance futures platforms are not suitable for use

    Testing showed that both Binance futures platforms are not suitable for use

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    By BlockchainJournal on September 6, 2019 News
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    Two test platforms for trading futures from Binance were unsuitable for use – the software tester came to such conclusions.

    In a series of tweets, the tester, under the custom name doublejump (@ 2xjump), reported his findings while testing futures platforms from Binance. He notes that both sites offer users a primitive functionality that can jeopardize effective work with platforms.

    Currently @binance is running a testnet for two proposed futures exchange platforms. Futures platform A was seemingly developed in-house, platform B was developed by the recently acquired JEX exchange. I didn't really like either one. Some of my thoughts in this thread. 1/13

    doublejump (@ 2xjump) September 6, 2019

    The crypto exchange introduced two platforms – Platform A and Platform B, active testers, as well as those who correctly vote for the winner, Binance promised to reward. The first platform was developed by the Binance team, and the second by the JEX team – this platform has recently come under the control of Binance. According to data from doublejump, not one of them is ready to accept users yet.

    So, Platform A, in his opinion, cannot be used due to restrictions on the size of the transaction, but it has a good interface and specifications. Platform B, meanwhile, has no decent documentation and offers a fairly sophisticated margin system.

    By the way, yesterday Binance announced the launch of its own stablecoin – it was named BUSD, is backed by the American dollar and is working with Paxos, which will act as a custodial service. In addition, Binance and JEX started organizing a large-scale airdrop of JEX tokens for Binance Coin holders, more details about the distribution can be found here .

    Binance Binance Coin BUSD Featured JEX Offer Paxos Twitter Work
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