By Davis Byrne (US)
Binance, one of the largest crypto exchanges by trading volume comes up with a big surprise for its users and customers. Binance futures platform is expanding day by day as more and more trading pairs are included as the pressure of need increases.
Binance added futures for BCH
Binance has launched BCH/USDT that is the pair of USD stablecoin with Bitcoin Cash on its futures trading platform. They are giving leverage up to 75x on BCH/USDT. Before this great news, the news was prevailing in the market about Ethereum that Binance had launched Ethereum Future contracts on the exchange that also has leverage up to 75x.
According to the announcement:
Binance Futures has launched its third perpetual contract, BCH/USDT Users will be able to select between 1-75x leverage.
Last September, Binance had launched futures contracts for the digital gold on his platform for the first time. They have started futures trading for the investors and traders to multiply their profit as well as to manage their risk level.
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Leverage up to 125x
Another striking feature of Binance is that they are offering the highest leverage up to 125x for Bitcoin among the top crypto exchanges like Huobi DM, Okex, and BitConnect.
Another prominent crypto exchange OKex, recently announced that they are integrating striking features regarding cryptocurrencies such as futures, C2C, options, and swaps. It is also reported that Binance has made a partnership with Futures Upstart FTX and also made a big investment with the same company.
In short, the Binance crypto exchange is continuously developing its trading platform. Moving ahead with their mission, now they have added futures contracts for BCH-USD trading pair that has the leverage up to 75X. Binance this move will be helpful for the users.
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