Binance Increases BTC/USDT Futures Leverage to 125x

Friday, 18/10/2019 | 11:17 GMT by Arnab Shome
  • Initially, the exchange was only offering 20x maximum leverage.
Binance Increases BTC/USDT Futures Leverage to 125x
Binance CEO Changpeng Zhao

Binance has decided to significantly increase the Leverage of BTC/USDT margin and futures trading to 125x.

Announced on Friday, the Exchange will allow traders to select any leverage from 125x to 1x, and larger positions will adjust to lower leverage allowed.

This is a massive increase as initially, the trading services were launched with a maximum leverage of only 20x.

Commenting on the development, Changpeng Zhao, founder and CEO of the exchange, said: “Binance Futures offers a fast and stable platform that is designed by traders for traders. We have seen an increase in institutional participation in trading, and these professional traders seek out the most efficient ways to trade very quickly, both in terms of cost and performance. And they are flocking to Binance Futures.”

“Further, the performance of the Binance Futures systems far outstrips many other platforms in the market, giving users a smooth trading experience. The market has been demanding a product with superior stability and performance; now we are providing one.”

A much-anticipated service from Binance

Binance launched its futures platform last month to tap into the lucrative market. To date, it allows futures trading with only one pair - BTC/USDT - but has plans to expand its listing.

“We have seen increased activities from these traders transferring in and out from spot to futures during volatile periods. The liquid and easy-to-use spot market, as well as the simple process to transfer capital between spot and futures, provides traders with the most efficient manner to trade in both markets,” Aaron Gong, director of Binance Futures, added.

“We’ve seen continued improvement in our volumes and market share, and we expect to see further gains in the coming months. In Q4 of this year, we will roll out new major features that address community feedback, including several developments to improve the user experience.”

Meanwhile, the exchange is also tapping into other markets and introduced staking services last month for multiple coins held on its wallet platforms.

Binance has decided to significantly increase the Leverage of BTC/USDT margin and futures trading to 125x.

Announced on Friday, the Exchange will allow traders to select any leverage from 125x to 1x, and larger positions will adjust to lower leverage allowed.

This is a massive increase as initially, the trading services were launched with a maximum leverage of only 20x.

Commenting on the development, Changpeng Zhao, founder and CEO of the exchange, said: “Binance Futures offers a fast and stable platform that is designed by traders for traders. We have seen an increase in institutional participation in trading, and these professional traders seek out the most efficient ways to trade very quickly, both in terms of cost and performance. And they are flocking to Binance Futures.”

“Further, the performance of the Binance Futures systems far outstrips many other platforms in the market, giving users a smooth trading experience. The market has been demanding a product with superior stability and performance; now we are providing one.”

A much-anticipated service from Binance

Binance launched its futures platform last month to tap into the lucrative market. To date, it allows futures trading with only one pair - BTC/USDT - but has plans to expand its listing.

“We have seen increased activities from these traders transferring in and out from spot to futures during volatile periods. The liquid and easy-to-use spot market, as well as the simple process to transfer capital between spot and futures, provides traders with the most efficient manner to trade in both markets,” Aaron Gong, director of Binance Futures, added.

“We’ve seen continued improvement in our volumes and market share, and we expect to see further gains in the coming months. In Q4 of this year, we will roll out new major features that address community feedback, including several developments to improve the user experience.”

Meanwhile, the exchange is also tapping into other markets and introduced staking services last month for multiple coins held on its wallet platforms.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6613 Articles
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