Traders in bitcoin (BTC) are now able to have even more of a risk to speculate on the price. Binance, indeed, is at the bitcoin futures contracts of the lever arm will be increased from 20 to 125 times.
Contents
Bitcoin futures are leverage on Binance
The change applies to future contracts, bitcoin (BTC) /Tether (USDT). A futures contract is as an option for a derivatenvorm: speculation on the exchange rate by making a loan to a grant.
Suppose you put a 100 USDT, there is a lever to select between 1x and up to 125x. In an agreement with a ratio of 125x 100 USDT suddenly 12.500 USDT worth it.
This is a very, very, very risky strategy. Because you will lose the trade, you stand to 12,500 USDT, in the debt Binance. Picks up the trade to do well, you have to pay Binance, the profits from your.
Futures contracts are limited to experienced traders. For beginners, this practice is not recommended.
Demand in the market
According to the CEO, Changpeng “CZ” Zhao has been in the market for this product. He is aware that there are more and more professional traders are entering this market.
It is notable that the Binance a higher volume, you know how to do it for her, the competition in the last couple of days.
After leading BitMEX is Binance Futures in terms of trading volume on the spot, two of the market, aimed at retailers.
Both of them serve the traders who are not accredited for CME to act on it or Bakkt. Often, these are investors outside the united states. According to the ‘CZ’ is a commercial activity, even higher than that of the market Binance.com).
Binance makes a profit on the quarter to three, there was $186 million in profits, according to figures from The Block of Crypto. An increase of 56% compared to quarter two.
Reportedly, Binance in the company’s history is now a billion-dollar revenue run.
According to Aaron, the Fa are there for the futuresplatform are a lot of improvements to the program this year.
The Block Encryption
Thank you for signing up!