May 15, 2021

Binance daily trading volume of bitcoin futures exceeded $ 2.7 billion

Binance daily trading volume of bitcoin futures exceeded $ 2.7 billion

Binance Exchange said that the daily trading volume of cryptocurrency futures on its platform exceeded 370,000 VST (more than $ 2.7 billion).

The company says growth boosted launchtrading application for iOS. Binance Futures allows users to trade futures contracts on BTC / USDT with leverage up to 125x, and futures on ETH / USDT with financial leverage up to 50x.

Initially, the ball platform was launched in September, and then the daily auction reached the amount of $ 150 million, and during the launch of the Android application in October, volumes increased to $ 700 million.

The growing popularity of crypto assets attractsattention of not only new investors, but also major players in the financial market. Recently, the cryptocurrency division of Fidelity Investments announced plans to launch its own exchange by the end of 2019.

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