Officially … Binance launches the option to trade Ethereum futures contracts
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Answer Officially … Binance launches the option to trade Ethereum futures contracts
The Arab Bitcoin website, by virtue of its specialization in the field of encrypted digital currencies and the blockchain, and following all that is happening in this arena, we are trying to convey the most important news and updates to the most important trading platforms that the Arab user interested in encrypted currencies needs to know.
A week ago, we announced the trial launch of the Binance platform for the Ethereum futures trading option.
to be Advertising And officially announced its availability on the main platform and permanently and out of beta mode.
According to the recent announcement on Binance, users can now buy and sell contracts for the ETH/USDT trading pair with up to 50x leverage, with support available on Android and iOS apps coming soon.
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#BinanceFutures
The trading platform launches ETH/USDT contracts with a leverage of up to 50x Max#finance Futures traders can trade ETH dollar With adjustable leverage ranging from 1 to 50 on desktop and mobile web, with Android and iOS support available very soon.– Binance (binance) November 29, 2019
On the occasion of the launch of the Ethereum futures trading option, Changpeng -CZ- Zhao, CEO of Binance, said:
Futures contracts have proven to be one of the most sought after products in the market, allowing traders to hedge positions and manage risk
The futures platform remains stable despite the high volatility in the market.
In the first two months of its launch, Binance Futures broke its own records in trading volumes, and witnessed the growth of professional traders.
Binance Futures is a relatively new product, as is the crypto derivatives industry.
We are committed to driving product innovation and growing our industry.
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While these contracts allow traders to increase and amplify returns, CZ has been outspoken in warning the average trader against using high leverage.
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