Binance Futures increases its maximum leverage to 125x for its Bitcoin Futures!
The level of 100x was already high, Binance Futures thus raises the bar higher with a maximum leverage of 125x on its Bitcoin Futures.
In a press release, Binance Futures announces the news aimed at destabilizing competition and especially Bitmex.
Traders on Binance Futures can now choose leverage between 1x and 125x on Bitcoin Futures.
Binance Futures also announces that it has enabled a leverage adjustment feature on its web and testnet trading interfaces.
Binance which reminds of course that the trading of Bitcoin Futures is very risky and indicates:
Risk Warning:
The purchase, sale, holding and participation in the trading of Cryptocurrency Futures are activities subject to high market risk.
The volatile and unpredictable nature of cryptocurrency prices can lead to significant losses.
Indeed, 100x was already a high level of risk taking, 125 pushes the risk even higher.
We see an attempt by Binance Futures to attract traders who are on Bitmex to come trading with leverage even higher than the competition!
The competition is fierce these days concerning Bitcoin Futures with Binance who has just arrived on the market and traded the other day 700 million dollars of Bitcoin Futures in one day!
Binance and its CEO Changpeng Zhao who score points against the competition and especially Bitmex they intend to beat eventually.
Bitcoin Futures platform from Binance is just behind BitFlyer, Huobi and BitMEX.
Binance is already past Deribit and Bybit who are also trying to succeed in Bitcoin Futures trading.
Will Arthur Hayes and Bitmex take up the challenge and increase their maximum leverage to 125x or even 150x?
Arthur Hayes said in an interview that the maximum leverage of 100x is rarely used.
The announcement of Binance Futures and its leverage at 125x is rather a communication marketing strategy that will still please some traders who want to trade Bitcoin futures contracts with 125x leverage !
