Binance Futures Launches Binance Coin (BNB) Futures

On Friday (February 7), Binance Digital Assets Exchange announced that its futures trading platform, Binance Futures , which was launched in September 2019, will soon launch futures contracts on the BNB.

Until today объявления Binance Futures has entered into 16 perpetual contracts: BTC / USDT, ETH / USDT, BCH / USDT, XRP / USDT, EOS / USDT, LTC / USDT, TRX / USDT, ETC / USDT, LINK / USDT, XLM / USDT, ADA / USDT , XMR / USDT, DASH / USDT, ZEC / USDT, XTZ / USDT and ATOM / USDT.

The maximum leverage of the new product is 50, and it will be launched at 08:00 UTC on February 10, 2020.

Aaron Gong, director of Binance Futures, said the following:

“Following the success of our initial BTC contract, we focused on bringing the Binance signature trading experience to all newly added pairs. To date, we have introduced 16 altcoins to our platform and have achieved excellent growth in our altcoin trading volume, with some couples quickly taking first place in the futures market. The BNB contract was a highly demanded product and will continue to strengthen the impact of the Binance Futures trading platform on the industry. ”

BNB is a native symbol of the Binance Chain. Last month, Binance Research released a report called “2019 – Crypto Correlations Annual Review”, which states that “BNB was the top performing asset (+128%) of – by median – the top ten crypto assets by market capitalization for 2019.”

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