Binance Futures Go Live on September 13, Platform Grants 50% Discount on Trading Fees

Libra Coin News
Thu, 09/12/2019 - 10:33
Yuri Molchan
Binance announces its crypto futures launch going live and promises a 50-percent discount on trading futures for the first three months after the launch
Cover image via 123rf.com
Contents

The world’s largest crypto exchange Binance is stepping into the crypto futures area, following BitMEX and Bakkt.

Binance Futures to kick off tomorrow

Today, in its blog, Binance announced that Binance Futures would kick off on September 13 at 04:00 a.m. (UTC) and all traders will get a 50-percent discount for the first three months.

The company has posted a link to the fee schedule regarding Binance Futures trading.

Binance has also stated that Binance Futures will now be included in the BNB burn program that takes place every quarter and chases a goal of reducing the amount of BNB in the market to give the amount left in circulation additional market value.

Related
Litecoin (LTC) Now Available on Binance-Backed SafePal Wallet

Binance US about to launch

Binance US, the American branch of the Malta-based crypto trading behemoth, now allows users to start registering trading accounts. Registration will start on September 18.

Users will also be able to deposit their crypto for future trading. So far, Binance US will support six major currencies, including BTC, ETH, XRP, USDT, LTC and Roger Ver’s BCH.

As reported by Bloomberg, Bitcoin.com is now negotiating with US regulators regarding the launch of Bitcoin Cash-based futures, which, if successful, is expected to make market capitalization of BCH surge.

While registering their accounts, Binance users will be able to choose a verification method that suits them best and thus select the permitted withdrawal amounts.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.


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