Report: Binance Futures Surpasses Bitmex in 24hr Bitcoin (BTC) Trade Volume
At its peak, Binance Futures managed an all-time-high of $9 Billion in Bitcoin (BTC) futures contracts in a day. In a tweet a few days ago, the Vice President of the Binance Futures platform, Aaron Gong, announced that the platform was now leading in terms of the volume of Bitcoin (BTC) contracts traded in a 24 hour period.
$2.3 Billion in 24hr Trade Volume, Eclipsing Bitmex The exchange went on to release a full report explaining that the platform’s BTC perpetual contract was averaging $2.343 Billion in 24-hour trade volume compared to Bitmex’s $2.121 Billion in a similar time frame. Rapid Growth of the Binance Futures Platform Launched in September 2019, the Binance futures platform currently has 24 USDT contracts covering major digital assets such as BTC, Ethereum, XRP, Litecoin, Dash, Link and more.
