Join Our Mailing List
Sunday December 10, 2023
Bitcoin (BTC) $43,650.70   Ethereum (ETH) $2,336.84
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

Binance launches bitcoin (BTC) futures with quarterly settlement

Published by CryptoNinjas.net
06/11/2020
Binance Futures now allows users to trade against bitcoin (BTC)

Popular bitcoin and cryptocurrency exchange Binance today announced the launch of BTC/USD Quarterly Futures contracts with leverage up to 125x. The contracts are listed on Binance Futures, the company’s crypto-derivative exchange, and offer increased diversification.

BTC/USD contracts are settled in the denominated BTC tokens and will expire on the last Friday of the corresponding three-month period. The first batch of contracts is labeled “BTCUSD Quarterly 0925“, indicating their expiration date is set for September 25, 2020 (08:00:00 UTC).

Binance users can control their margin balance by either spreading it across all their open positions or setting individual limits for each position they own (cross or isolate margin modes). They can also choose to hold one direction (i.e. long or short) or both directions at the same time for hedging. These customizations provide users greater flexibility in how they trade.

The introduction of BTC/USD contracts brings the range of derivative products on Binance to four broad classes, allowing users to trade conveniently on a single platform and according to their trading preferences:

  • Quarterly Futures – Token margined, with quarterly expiration and settlement. Trade with up to 125x leverage

  • Perpetual Futures – USDT margined, with no expiration. Trade with up to 125x leverage.

  • Leveraged Tokens – Unique variable target leverage range of 1.5 – 3x.

  • Binance Options – Short duration American-style settlement. Unlimited liquidity.

“Since launching Binance Futures in September 2019, we worked hard to provide a stable, fast, and low-fee futures platform for our users. Today, we are pleased to announce our first quarterly settlement futures contracts, which complements our existing range of financial products. Delivery futures have a significant role in commodity trading and hedging, so we are ensuring we are ready as the crypto market matures and users adopt similar trading strategies,” said Changpeng Zhao (CZ), Founder and CEO of Binance.

30
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin
Via: binance.com/futures

Related News

27 new projects selected in 5th cohort of BNB Chain incubation program: MVB

07/21/2022
27 new projects selected in 5th cohort of BNB Chain incubation program: MVB

BNB Chain, a community-driven and decentralized blockchain, has now disclosed the projects for season 5 of its accelerator program - Most Valuable Builder (MVB). 27 new projects with a range of different focuses were...

Read more

Binance Labs + BNB Chain now accepting applications for the 5th MVB Accelerator Program

06/14/2022
Binance Labs + BNB Chain now accepting applications for the 5th MVB Accelerator Program

Most Valuable Builder (MVB) Accelerator Program, the incubation program designed to support builders on BNB Chain, a community-driven and decentralized blockchain, is now accepting applications from projects for its fifth cohort: Uncharted Territory. MVB...

Read more

Binance obtains crypto license to operate in France

05/24/2022
Binance obtains crypto license to operate in France

Binance, the popular crypto exchange & blockchain infrastructure company, confirmed earlier this month that Binance France SAS has been granted a Digital Asset Service Provider (DASP) registration to operate in France by Autorité des...

Read more

Binance now licensed as a crypto service provider in Bahrain

03/14/2022
Binance now licensed as a crypto service provider in Bahrain

Leading crypto exchange Binance, announced today that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). Further, this license for Binance represents its first approval as a...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

12/08/2023
Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

01/08/2020
LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

02/20/2020
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

11/20/2023
4 Things We’ve Learned About Owning Bitcoin in 2023

4 Things We’ve Learned About Owning Bitcoin in 2023

11/13/2023
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy