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News and updates from the world’s leading cryptocurrency exchange
Oct 31
2019
Binance Launches Futures Trading on its Android App

Binance now supports futures trading on its newly updated Android app. In this update, mobile app users can trade BTC/USDT futures contracts at up to 125x leverage on an industry-leading, fast and robust matching engine, from the convenience of their mobile device.

Binance Futures launched seven weeks ago and recently recorded an all-time high of 315,000 BTC traded in 24h volume (2,900,000,000 USD worth). Binance Futures allows for highly leveraged trading using a sophisticated risk engine and liquidation model, with a built-in hedging tool to help traders manage risk without sacrificing the trading experience.

“We have the fastest and most stable matching engine in the crypto industry to date,” said Aaron Gong, Director of Binance Futures. “In the coming months, we will roll out new major features that address community feedback, including several developments to improve the user experience. The launch of the Android app this week is one of the major features released based on community requests.”

The Binance mobile app provides users with 24/7 multi-language customer support, and a safe and easy-to-use platform to buy and trade cryptocurrencies on mobile. In addition to futures, the Binance app also supports spot and margin trading across a wide range of trading pairs. Futures trading on iOS will be available soon.

Futures contracts allow traders to buy or sell assets at a specified price and date in the future, providing traders with a way to hedge against risks, as well as an opportunity to multiply gains. Learn more about futures contracts on Binance Academy.