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Binance Launches Quarterly Bitcoin Futures Settled in BTC, What To Expect?


Binance Launches Quarterly Bitcoin Futures Settled in BTC, What To Expect?

Binance Holding Limited, the company behind the largest cryptocurrency exchange by trading volumes, has launched its quarterly settled Bitcoin Futures contracts with a fixed expiration and settlement date. The exchange continues to add to its suite of cryptocurrency derivatives products less than a year after launching its Bitcoin perpetual trading platform. This announcement was made via a blog post on June 11, 2020.

Binance is Expanding

It is no secret that Binance has been aggressively expanding and has tentacles on almost every facet of cryptocurrency trading. Since launching in 2017–following a success Initial Coin Offering (ICO), the exchange has moved bases in response to China’s banning of cryptocurrency trading. Binance now has its headquarters in Malta offering services covering the US and across the world. The launch of the Quarterly Bitcoin Futures is therefore another impressive milestone as the exchange forays into the futures trading. Notably, Binance now competes with the likes of BitMex, the pioneer cryptocurrency derivatives platform, and Huobi for market shares. Read More...



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