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With this, Binance advanced the Christmas gift for iPhone users

With this, Binance advanced the Christmas gift for iPhone users

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This post is also available in: Español (Spanish)

Binance, the leading global cryptocurrency exchange by trading volume and users, now supports futures trading on its newly released iOS app.

In this release, users with the Binance iOS app can trade BTC/USDT contracts at up to 125x leverage as well as trade ETH/USDT contracts at up to 50x leverage on an industry-leading, fast and robust matching engine, from the convenience of their iPhones, as CriptomonedaseICO knows.

Last October, Binance also launched futures trading on its  Android app, and the latest Binance Android app V1.15.0  is now available for download and updating on Google Play, which also allows users to trade BTC and ETH contracts at their fingertips. 

Binance Futures was launched by developers who are dedicated to providing the best trading experience with the highest industry standards. It provides the highest leverage among major crypto exchanges for BTC contracts at 125x and the convenience for traders to adjust leverage between 1 and125. Last week, Binance Futures launched ETH contracts with max 50x leverage, marking the start of its multi-asset exploration.

Traders can have highly leveraged trading on the platform while enjoying the protection of a sophisticated risk engine, smart liquidation model and insurance funds.

Within its first two months of operations, Binance Futures reached an all-time high (ATH) daily trading volume of more than 370,000 BTC (approximately $2.7 billion USD). On average, over 60 percent of traders on Binance Futures trade at a leverage of 20x or higher. Users trading at 125x leverage account for 21 percent of total traders, on both desktop and mobile. The conversion rate of web users is over 35 percent, which is double of spot market traders. While high leverage trading is most popular among Binance Futures retail traders, most of its institutional traders–who contribute to 81 percent of the total trading volume–tend to trade at a leverage of 20x or less.

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“Binance Futures is embedded with the fastest and most robust matching engine to ensure a consistently smooth and stable trading experience, with capacity of hosting one million traders simultaneously without sacrificing user experience,” said Aaron Gong, Director of Binance Futures.

“Our builders continue to push forward, releasing the potential of the trading platform and striving to gain dominance in crypto derivatives market. In our continuous efforts to improve the product, we have been rolling out new major features in the past two months and will continue to release new major updates with more innovative functionalities”.

The Binance mobile apps provide users with 24/7 multi-language customer support, and a safe and easy-to-use platform to trade BTC and ETH contracts on mobile. In addition, traders can access spot and margin trading markets across a wide range of trading pairs on its available apps.

Binance Futures provide traders a platform to hedge positions and manage risks, as well as an opportunity to multiply gains. Learn more about Binance Futures via Binance Academy’s The Ultimate Guide to Trading on Binance Futures, and to start trading, visit: https://www.binance.com/en/futures/BTCUSDT.


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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of Cryptocurrency, and should not be attributed to Cryptocurrency.


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This post is also available in: Español (Spanish)

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