Tezos (XTZ) Futures Trading Now Available on Binance

Alex Dovbnya

Tezos (XTZ) becomes the latest cryptocurrency to land on Binance’s futures platform

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Wed, 5/02/2020 - 12:38

Tezos (XTZ) Futures Trading Now Available on Binance

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On Feb. 5, cryptocurrency behemoth Binance added an XTZ/USDT perpetual contract to its futures platform. The new product is expected to go live at 8:00 AM on Feb. 6. Risk-loving users will be able to trade the new product with up to 50x leverage.

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Recently, Binance Futures also announced perpetual contracts for Zcash (ZEC) and Dash (DASH), which underscores how fast the exchange is expanding the list of its offerings. In January alone, Binance launched eight futures products.

Shortly after its debut, Binance Futures has already become a significant player on the crowded crypto derivatives market. As reported by U.Today, the Malta-based exchange is now close to matching BitMEX in terms of liquidity.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.