{"id":263158,"date":"2020-06-11T18:26:35","date_gmt":"2020-06-11T22:26:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=263158"},"modified":"2021-09-16T05:29:07","modified_gmt":"2021-09-16T09:29:07","slug":"binance-adds-quarterly-futures-available-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/binance-adds-quarterly-futures-available-now","title":{"rendered":"Binance Adds Quarterly Futures Available Now"},"content":{"rendered":"
Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has added Bitcoin\/USD Quarterly Futures which house leverage up to 125x, according to a blog post from the group<\/a>.<\/p>\n These Futures are available now on the Binance Futures platform, though mobile users will have to wait a little bit longer.<\/p>\n “As part of this launch, users will receive 30 days of maker fee rebates and enjoy as low as 0.020% in taker fees when trading on the BTCUSD Quarterly Futures Contract from 2020\/06\/11 08:00 AM (UTC) to 2020\/07\/10 08:00 AM (UTC),” the blog post notes.<\/p>\n Users will also need a Binance Futures account which is a little different than a traditional account on the exchange.<\/p>\n The blog post details some differents to Quarterly Futures as compared to other ones:<\/p>\n “The BTCUSD Quarterly Futures Contract is Binance\u2019s first derivative contract with a set expiration and settlement date. The contract is settled in the denominated BTC asset and will expire on the last Friday of the corresponding three-month period. The BTCUSD quarterly futures contract is labelled \u201cBTCUSD Quarterly 0925\u201d, indicating that the expiration date is set for 2020\/09\/25 8:00 AM (UTC).”<\/p><\/blockquote>\n In recent Binance news, the exchange has<\/a> recently been put at the top of the CoinMarketCap list of exchanges, which some believe was a paid promotion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"