Binance Exchange is Launching Futures Trading

The founder and CEO of the world's leading cryptocurrency exchange Binance announced that the exchange will offer futures contracts.

During the presentation at the Asia Blochchain Summit in Taipai on Tuesday, Changpeng Zhao, showcased a futures trading interface on Binance with  features including longs and shorts on crypto assets. The Binance Futures will support 20x leverage for Bitcoin futures in the coming months. 

While a firm releasing date of the feature is not yet set, a test version could roll out in about two weeks from now.