Binance will launch futures trading in September – Breaking News

The house of change of cryptocurrencies largest in the world, Binance, announced that it will launch its long-awaited platform of futures trading in September of this year. The announced was conducted by its founder and CEO, Changpeng Zhao, also known as “CZ”, through a video on his Twitter account, in a session of “ask me anything” held on 28 August. Already two months ago that Zhao had been informed about their intentions to create a platform to market the future within Binance. The first time you spoke of it was in the Asia Blockchain Summit in Taipei, assuring that it would be designed to work with Bitcoin (BTC) mainly. At that time he had declared that: “Binance will launch a platform for the future very soon. I still don’t have the exact date”. According to the CEO, this new tool will have a leverage up to 20 times more. But the waiting time for the release date has ended, as this has been revealed and is scheduled for September 2019. This action is extremely beneficial, not only to Binance, but for the industry cryptography, as being the exchange the world’s largest, is giving you more access to be able to market future of Bitcoin to members of the crypto-community. And this is one of the many projects in which it has garnished, the house of change, both to earn global repute as to assist in the promotion and adoption of the cryptocurrencies in all over the world. One of his latest projects announced was “Venus”, a Blockchain open aimed to develop stable currencies (better known as stablecoins) localized and digital assets linked to currencies fiduciary in all over the world. Also alternatives such as Binance Lending, which offers a simple way to pay and earn cryptocurrencies, allowing the holders of cryptocurrencies to accumulate interest and increase your balance of tokens regardless of how they move the market, help house exchange gain preponderance. It is expected that when the futures trading is launched, Binance increase both in popularity and in number of users, as well as in your quotation as a company in the market. The following two tabs change content below. I am a student of International Studies, interested in new technologies and their impact on the world. A true believer that tenacity is the foundation of success.

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