Binance recently increased the maximum leverage of the BTC/USDT pair to 125x, huge leverage, higher than any other platform, even BitMEX, which offers 100x leverage.
Although most of the Bitcoin market is experiencing a decline in trading volume, Binance isn’t. Binance Futures is one of the few platforms enjoying an increase in trading volumes and even set a record of $700 million traded in one day (Bakkt had only $81,000)
On average, however, the volume of Bitcoin has plummeted and it is down around 70% in the past four months.
Offering High Leverage can be Risky
Isn’t a high leverage a really risky offer? According to Binance, not always. The platform uses a new system and sophisticated risk engine and liquidation model.
Binance has also stated that a 100 USDT collateral deposit will allow users to hold 12,500 USDT in BTC on the Binance Futures platform.
‘Binance Futures offers a fast and stable platform that is designed by traders for traders. We have seen an increase in institutional participation in trading, and these professional traders seek out the most efficient ways to trade very quickly, both in terms of cost and performance’
Binance also said that they will be rolling out some new and major features in the last quarter of this year.