Binance mentioned that unlike Facebook’s Libra, its Venus stablecoin won’t be a trouble for regulators and will help to bridge the gap between traditional financial markets and the crypto industry.
Binance US is launching today. Binance CEO Changpeng Zhao has confirmed that Binance Coin (BNB) will be listed as well as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and XRP.
The Binance Futures platforms have already created a lot of buzz with over $150 million worth contracts traded. Currently, users have been given a limited access on a referral basis.
Binance recently launched its futures trading platform which is on an invitation-only basis. The soft launch has already raised about $150 million in less than twenty-four hours. This may mean good things for the cryptocurrency exchange.
As Binance continues to expand its crypto product offering, it has officially launched the Binance Futures platform for users.
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com.
Recently in an AMA (ask me anything) session the Binance CEO, Changpeng Zhao or CZ, addressed Binance users and followers by revealing many details about the upcoming futures trading platform.
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets.
In a recent interview Changpeng Zhao, also known as CZ, commented that he believes that Binance should resume operations in the US within “a month or two”.
The Harmony network has just carried a network upgrade increasing, the number of nodes from 600 to 800. Moreover, it is possible that Harmony will be officially listed on Coinbase in the future.