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Binance Launching Bitcoin and Crypto Futures Trading for All Users Today

by Daily Hodl Staff
September 13, 2019
in Trading

The leading crypto exchange Binance is rolling out its Bitcoin futures trading platform to all of its users today.

Until now, the platform was reserved for certain customers by invitation only in a brief beta test.

In the first 24 hours of that test, Binance reported “overwhelming” demand with $150 million in trading volume.

At first, the platform is supporting Bitcoin futures paired with USDT (Tether). Users can opt for up to 20x leverage.

Fees on the platform are to be paid in Binance Coin (BNB), with trading fees reduced by half for the next three months.

The exchange says it will launch more coins in the future, but has not revealed which additional crypto assets it may support.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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