In an Asia Blockchain summit, held for two days – on June 2nd and 3rd July, Binance CEO, CZ broke out a new announcement on the stage. He announces “Binance will offer future contracts’ soon.
Binance to Soon Launch Futures Contract
Asia Blockchain Summit or #ABS2019 is held at Tapei, Taiwan wherein leading crypto companies including Binance, TRON, Litecoin, BitMex debuted their presence. During his keynote panel, Changpeng Zhao/CZ talks about futures trading interface that will soon be rolled on Binance exchange. This was first shared by Binance exchange via its Twitter account.
— Binance (@binance) July 2, 2019
Although he didn’t reveal the specific date of launch, he shared the plan of launching a platform for futures trading with features including longs and shorts on crypto assets. He presented the screenshot of upcoming future contract’s interface and by pointing at that – CZ explained;
This is an actual screenshot of the working system. So Binance futures is coming. He stated “Binance will be launching a futures platform very soon. I don’t have the exact date yet. The simulation test version will be live in a few weeks.
At the initial stage, the exchange is set to offer to futures trading on Bitcoin (BTC) – he further added that the leverage could be up to 20 times. As CZ said ‘few weeks’, it’s expected to see the launch of Binance futures trading after two weeks.
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