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2019-10-13 14:41:50




News

Binance launches two futures products platforms

Binance vs Bakkt

min to read

2019-10-13 14:41:50

Binance Cryptocurrency Exchange announced the official launch of both platforms for trading cryptocurrency futures that were previously in test mode.

Binance Cryptocurrency Exchange announced the official launch of both platforms for trading cryptocurrency futures that were previously in test mode.

 

 

Platform A is called Binance Futures and is so far available in beta mode for users with a referral code. The users who previously tested the capabilities of the site and voted for it have already become the code owners.

 

In addition, you can get it by participating in various activities on Binance social networks (Weibo, Twitter) or by contacting support. The latter will daily distribute up to 200 codes on a first-come-first-served basis.

 

It should be mentioned that one of the Reddit users said that on the first day of operation, the volume of Binance Futures trading exceeded $ 150 million.

 

Platform B has been renamed into Binance JEX, and everyone can take advantage of its capabilities from now on. The singing in to the new platform can be done from the main account on Binance. Soon, it will also be possible to transfer funds from the main exchange to Binance JEX. In addition to bitcoin futures, there are also EOS / USDT and ETH / USDT contracts. It should be mentioned that last week Binance began to test platforms for futures products.

 

The users could vote for a particular platform. As a result of this vote, there was determined the one which would later become the official platform for trading futures. 

 

 

On September 8th, Binance announced the completion of the testing. During it, the total trading volume on the two platforms amounted to 423 million BTC.

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