Crypto Short News

Binance Acquires JEX – Another Step to Become One Stop Solution

The exchange will manage JEX tokens now and burn them in future

Binance announced acquisition of cryptoasset derivatives trading platform JEX on Monday, 2nd Sept 2019. JEX now becomes Binance JEX with the acquisition. Binance will now handle JEX team as well as token. JEX token now will focus on delivering cryptocurrency derivatives to Binance users. Including, futures contracts, options, and other derivatives

Interestingly, Binance also introduced “Battle for Binance Futures” competition. Two testnet Futures platforms came into existence. The users testing both platforms, received a total of 10,000 BNB for a full month. Eventually, Binance gets closer to becoming a One-Stop-Shop for Cryptocurrency traders.

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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