The head of the Binance cryptocurrency exchange, Changpeng Zhao, announced that Bitcoin futures products will be launched in September this year.
Zhao made the corresponding statement on Wednesday morning, August 28, during the “Ask me about anything” session on Twitter.
— Binance (@binance) August 28, 2019
The fact that the exchange plans to launch bitcoin futures contracts, Changpen Zhao was first announced in early July. As he said then, it is about launching a separate platform Binance Futures.
The head of Binance also noted then that initially on the platform futures for the BTC / USDT trading pair will be available, however, support will also be added for other cryptocurrencies in the future.
The maximum shoulder size will be up to x20, but it is also expected to be increased in the future.