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

  • Yuri Molchan
    📰 News

    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

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

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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.

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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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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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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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