Crypto Short News

Binance Leverage Now is 125x with BTC/USDT Futures Trading Launch

Binance, earlier in July had hinted towards allowing 20x leverage on Futures platform. Now, the Binance futures exchange increased the leverage to 125x with the launch of bitcoin (BTC)/tether (USDT) contracts. Users can adjust leverage between 1x or 125x.

Binance CEO Changpeng Zhao announced on Twitter on Friday, Oct 18, 2019. Additionally, Binance API is also available to trade with this adjusted leverage. Users can trade up on Binance to 125x leverage from their blog/website with the help of API. The crypto industry reacted differently. 

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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