A recent tweet by BitMEX team on twitter got a lot of attention from crypto users.
— BitMEX (@BitMEXdotcom) September 4, 2019
The tweet in question is a sarcastic comment about how Binance seemed to literally copy BitMEX’s futures documentation. Tons of cryptocurrency users responded with memes, accusations and other jokes.
At first glance it certainly seems that Binance literally copied most of the documentation BitMEX provides about futures and changed the word ‘BitMEX’ to ‘Binance’.
CZ, the CEO of Binance, quickly responded with a tweet clarifying the situation:
Shame on us. 😂 Sorry about that. Missed this in the DD process before the acquisition (didn't read the BitMex docs ourselves). Will fix/remove ASAP.
The official docs of Futures A platform (developed internally) are here: https://t.co/TPjvYgB2hr for your review.
— CZ Binance (@cz_binance) September 4, 2019
According to Zhao, it was a silly mistake that will be fixed as soon as possible. He also linked the official documentation of the Futures platform.
Arthur Hayes, CEO of BitMEX also responded to CZ tweet with a tweet saying ‘My man’.
— Arthur Hayes (@CryptoHayes) September 4, 2019
Clearly, there is no war between the two exchanges and the situation was solved smoothly.
Binance recently announced their launch of two test platforms for their futures products. Users are now able to vote for their favorite futures testnet and will be able to win BNB by participation in futures competitions.
Binance Coin has been struggling lately and has been unable to break out from the daily downtrend, the launch of the futures platform could BNB break out from this nasty downtrend.