Binance Futures Hits $2.7B All-Time High as Firm Adds Futures on iOS
Binance Futures Hits $two.7B All-Time High every bit Firm Adds Futures on iOS
Major cryptocurrency exchange Binance now supports Bitcoin and Ether futures trading on its new iOS app.
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Binance, the 2nd-biggest cryptocurrency commutation by daily trading book at printing time, at present supports Bitcoin (BTC) futures trading on its new iOS app.
Afterward Binance initially launched its 2 futures testnet platforms on Sept. 2, the exchange now allows its users to trade Bitcoin and Ether (ETH) futures contracts via its newly released iOS application, according to a blog postal service on December. 9.
BTC and ETH futures trading is too available on Android
According to the firm, Binance iOS app users can at present merchandise BTC/USDT contracts at up to 125x leverage, while ETH/USDT contracts are capped at 50x leverage.
The news comes afterwards Binance launched futures trading on its Android app in October 2022, the visitor noted. Bitcoin and Ether futures trading is now likewise bachelor on Android, Binance stated in the blog post.
Binance Futures hits a daily trading book ATH of over $2.vii billion
Since Binance started rolling out Bitcoin futures trading in September 2022, its daily trading volume on Binance Futures platform reportedly hit an all-time of than 370,000 BTC. The blog post reads:
"Within its start two months of operations, Binance Futures reached an all-time high (ATH) daily trading book of more than than 370,000 BTC (approximately $2.7 billion USD at date)."
In mid-September, users reported that 24-hour trading book of Binance Futures exceeded $150 million denominated in Tether. By mid-October, the platform prepare some other futures trading tape of $700 meg, as reported by Cointelegraph.
Bakkt, another major player on crypto derivatives markets to date, set up a five,600 BTC record for its futures contracts trading, equivalent to $42.five million at the time of the report. Bakkt'due south futures trading was launched on Sept. 23.
Source: https://cointelegraph.com/news/binance-futures-hits-27b-all-time-high-as-firm-adds-futures-on-ios
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