Two Crypto Futures Platforms Will Be released by Binance

Cryptocurrency exchange platform Binance announced on Monday that it can be available for users to vote for their favorite testnet — to choose the winning official platform.

The winner is said to be awarded with prices totaling 10000 BNB, which costs around $215.700 at press time. Users who vote, will also be given a trading fee discount on Binance for a month.

Binance Prepares for Crypto Futures Launch

Earlier in July, Binance founder and CEO Changpeng “CZ” Zhao revealed that crypto futures were on the way.

Binance Introduces New Crypto Loans

On August 28, the exchange also released crypto loans. Users will be able to lend their US dollar-pegged USDT, ETC and BNB cryptocurrency.

Annualized interest rate for the initial lending products with a 14-day fixed maturity term, has been set at 15 percent, 10 percent and seven percent, for BNB, USDT, and ETC, respectively.