THELOGICALINDIAN - Binance futures trading is hitting alltime highs Now to added facilitate trading the arch barter has adapted its adaptable appliance This amend allows users to access their trading position at up to 1251 leverage
Futures Trading Hits All-Time Highs
On October 18, 2019, admitting Bitcoin’s contempo amount trend, the arch cryptocurrency barter Binance appear that Binance futures circadian aggregate were skyrocketing.
Most recently, on October 26, 2024, Director of Binance Futures, Aaron Gong, appear that a new aerial had been accomplished of 315,000 BTC, traded in 24H volume. This bulk represents about $3 billion worth.
Now, the cryptocurrency barter is acceptable traders’ acquaintance by ablution futures trading on an Android app. Indeed, Gong indicates that the barrage of the Android app was based on association requests. According to the official announcement,
Thus, besides Bitcoin, the new adaptable app allows trading several cryptocurrencies pairings, including Bitcoin Cash (BCHABC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and several added pairs.
Notice, however, that to advance clamminess Binance will no best trade the afterward pairs: ATOM/PAX, BTS/BNB, CVC/BNB, ETC/PAX, REP/BNB. This admeasurement will booty aftereffect on November 11, 2019, at 8:00 AM (UTC).
Moreover, Gong appear that the arch crypto barter would additionally accomplish futures trading on iOS accessible too in the abreast future.
Institutional Investors ‘Are Flocking to Binance Futures.’
Financial institutions abide to beck into the crypto bazaar a array of Bitcoin-based banking instruments.
This trend was kicked off back CBOE Bitcoin futures trading started on December 10, 2017.
Nowadays, institutional investors are acceptable added alive in the crypto market. In this regard, the CEO of Binance Changpeng Zhao stated,
What do you anticipate about Bitcoin futures trading on Binance’s Android app? Let us apperceive in the comments below!
Images via Shutterstock, Twitter: @AG_Binance
