Binance now offers perpetual futures margined and priced with bitcoin (BTC)

Binance, the popular cryptocurrency exchange company, today launched Perpetual Futures contracts margined with bitcoin (BTC). This line of Bitcoin-margined perpetual futures will complement Binance’s variety of derivatives, including its first product, USDT-margined perpetual futures.

Launched nearly a year ago, Binance’s perpetual futures have healthy trading volume, with recent monthly market share averaging 37%. The new Bitcoin-margined perpetual product is also the second futures line to be margined and priced using a cryptocurrency, following Binance’s recent categorization to highlight if the contract is margined with a cryptocurrency like Bitcoin or with USDT: COIN-margined futures contracts Quarterly Futures: quarterly expiration and settlement, with leverage of up to 125x Perpetual Futures: perpetual swaps with no expiration, with leverage of up to 125x USDT-margined futures contracts Perpetual Futures: perpetual swaps with no expiration, with leverage of up to 125x Users can improve their margin efficiencies in their trading portfolio by using both COIN-margined quarterly and perpetual futures, as Binance Futures allows users to offset their margin for these two product lines.

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