Binance, the leading global cryptocurrency exchange by trading volume and users, today launched an isolated margin mode on the Binance Futures trading platform. The new feature allows traders to allocate a precise amount of margin for an open position and isolate it from all other open positions, reducing potential losses in case the market goes against an open position and allowing for overall better risk management.
Binance Futures has been striving to provide the best protection for its traders. Embedded with a robust matching engine, Binance Futures provides a stable and seamless trading experience for traders in a highly volatile market, allowing them to execute trading strategies interference-free. On top of that, Binance Futures has integrated the advantages of traditional financial derivatives products and crypto derivatives products, reinforcing its protection mechanism with a sophisticated risk engine, smart liquidation mechanism, and insurance funds.
The new isolated margin mode ensures that liquidating an open position will not directly affect other open positions. With this mode, traders can execute different strategies across various open positions, with the aim of further increasing potential profits and reducing losses. The cross margin mode will be retained on Binance Futures to provide traders with more options.
Binance launched its futures trading platform last September with a cross margin mode, providing traders with a platform to hedge positions and manage risk. To date, Binance Futures has launched BTC contracts with max leverage of 125x, the highest among major crypto exchanges, as well as ETH and BCH contracts with max leverage of 75x. More digital assets will become available on Binance Futures, allowing traders to trade their preferred assets.
“We spare no effort in ensuring a seamless trading experience for our users while providing them with the best protection and innovative functionalities. We have kept releasing two to three major features on a weekly basis and have witnessed the rapid growth of both retail and institutional traders on Binance Futures trading platform,” said Aaron Gong, Director of Binance Futures. “We keep on listening to the community and are addressing their requests by rolling out new features continuously. ”
Binance Futures also launched a trading tournament starting today until Jan. 16, with a US$100,000 prize pool for the winners.
About Binance Futures
Binance Futures offers perpetual futures for BTC/USDT, ETH/USDT and BCH/USDT pairs, which serves as a complementary product to the existing BTC/USDT, ETH/USDT and BCH/USDT spot pairs on Binance. Visit https://www.binance.com/en/futures/BTCUSDT. Download the Binance iOS crypto app on App Store orthe Binance Android trading app on Google Play.
Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions. The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven Binance Chain blockchain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability), Binance X (developer-focused initiative) and Trust Wallet (its official multi-coin wallet and dApps browser). For more information, visit:https://www.binance.com
Risk warning: Buying, selling, holding and partaking in futures trading of cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. Binance is not responsible for any loss that you may incur from price fluctuations when you buy, sell, hold and leverage cryptocurrencies.