Leading global cryptocurrency exchange Binance announced its Futures trading platform will support BTC/USDT contracts for up to 125x margin and trading at 125x leverage will begin today at 9:00 am UTC on Binance Futures.
Binance Futures allows for highly leveraged trading using a sophisticated risk engine and liquidation model. With its fast matching engine, usability, seamless trading experience and risk controls, Binance Futures provides a competitive advantage in the market. Its platform uses a unique setup for calculating leverage that enables continuous margin without any jumps, and ‘mark prices’ for preventing unnecessary liquidations and combatting market manipulation.
Traders are able to select any leverage from 125x to 1x and larger positions will adjust to lower leverage allowed. At 125x leverage, a 100 USDT collateral deposit on Binance Futures will allow users to hold 12,500 USDT in BTC.
“Binance Futures offers a fast and stable platform that is designed by traders for traders. We have seen an increase in institutional participation in trading, and these professional traders seek out the most efficient ways to trade very quickly, both in terms of cost and performance. And they are flocking to Binance Futures,” said CZ (Changpeng Zhao), CEO of Binance. “Further, the performance of the Binance Futures systems far outstrips many other platforms in the market, giving users a smooth trading experience. The market has been demanding a product with superior stability and performance; now we are providing one.”
Binance aims to bring sustainable crypto-based futures trading to the industry and its BTC futures contract provides a sophisticated built-in hedging tool that helps traders manage risk, without sacrificing the trading experience. Additionally, traders are ensured with a leading risk management system as well as an ‘insurance fund’ that help to limit the chances of auto-deleverage.
“We have seen increased activities from these traders transferring in and out from spot to futures during volatile periods. The liquid and easy-to-use spot market, as well as the simple process to transfer capital between spot and futures, provides traders with the most efficient manner to trade in both markets,” said Aaron Gong, Director of Binance Futures. “We’ve seen continued improvement in our volumes and market share, and we expect to see further gains in the coming months. In Q4 of this year, we will roll out new major features that address community feedback, including several developments to improve the user experience.”
Following Binance’s recent launch of Futures, Margin, Lending, Staking and more products, the Binance team aims to continue providing services that benefit the community and improve the larger market.
Watch: #Binance Guides: Adjusting your Binance Futures leverage
About Binance Futures
Binance Futures offers perpetual futures based on a BTC/USDT pair, which serves as a complementary product to the existing BTC/USDT spot pair on Binance. Visit: https://www.binance.com/en/futures/BTCUSDT
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.