Binance Futures Trading Platform Goes Live

Neil Dennis

Binance Futures, the cryptoasset derivatives trading platform offered by Malta-based exchange Binance, exits beta-access mode to go live on Friday, September 13.

The company announced the launch through a press release on Thursday that the platform will begin trading at 04.00 (UTC) and offer customers a 50% discount on trading fees for the first three months.

Battling Platforms

The launch comes after a testnet trial - "The Battle For Binance Futures" - between two competing platforms, Futures Platform A and Futures Platform B, in which Binance customers were asked to explore both products and vote on their favourite.

It was announced on Wednesday that Futures Platform A had won the trial to be renamed Binance Futures. Futures B platform will be renamed Binance JEX and will operate as an independent platform that customers can log into using their usual Binance.com accounts.

Those who took part in the Battle for Binance Futures and voted for platform A were notified on Thursday that they will enjoy a further discount on trading fees for the first month - equating to a total 75% savings.

Featured imagevia Pixabay.