Crypto exchange Binance announced that its recently launched futures trading platform would offer BTC/USDT contracts with up to 125:1 leverage.
Use With Caution
Starting from today, Binance Futures allows investors to trade with up to 125x margin and pick any leverage from 125:1 to 1:1 for BTC/USDT contracts. When using the highest possible leverage, a 100 USDT deposit would enable users to hold 12,500 USDT in BTC.
Binance CEO Changpeng Zhao (CZ), explained:
The performance of the Binance Futures systems far outstrips many other platforms in the market, giving users a smooth trading experience. The market has been demanding a product with superior stability and performance; now we are providing one.
CZ said via his Twitter profile that the high-risk trading option is not recommended for beginners.
Use high leverage with extreme caution. Dont recommend it for new traders. https://t.co/vstV0Lusf2
— CZ Binance (@cz_binance) October 18, 2019
Binance claims that it is using a sophisticated risk engine and liquidation model for the…