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Binance’s expansion effortsīinance.US, scheduled to be launched sometime in the coming weeks, is the American expansion arm of the exchange.Īccording to its official blog, Binance.US is a “fast, compliant, and secure digital asset marketplace.”Ĭatherine Coley, CEO of BAM, Binance’s partner and operator of the US exchange, discussed the potential of blockchain in the US and the new opportunities that the partnership will bring. While the winner has not yet been announced, comparing the Platform A and Platform B testnets to the actual live platform seems to point to Platform A as the winner. Official results & ranking announced tomorrow. The launch of the Futures A / Futures B testnet was also the start of the Battle for Binance Futures contest, which gave participants a chance to win up to 10,000 BNB in prizes for testing the platforms and voting for the winner.īattle for #Binance Futures ended at 00:00 AM (UTC)Ĥ23M $BTC ( $4,300,000,000,000) Combined Volume Will fix/remove ASAP.” So which version of Binance Futures launched? Missed this in the DD process before the acquisition (didn’t read the BitMex docs ourselves). To CZ’s credit, he took the calling out in stride and with good humor: The exchange was also left with egg on its face when BitMEX pointed out that its futures documentation had been copied from the latter’s platform:Ĭongrats on the Testnet Futures launches Glad to see you enjoyed reading our documentation as much as we enjoyed writing it! /lLzcLcX6t4 “In terms of contract specs, platform A has copied most mechanics from perpetual inverse swap: funding every 8 hours, insurance fund funded by liquidations, and auto-deleveraging in case of insufficient insurance funds.” Platform B is not documented well and has an unwieldy leverage system.”ĭoublejump also noted that both platforms – particularly platform A – shared similarities with BitMEX in terms of features and functionality: “Platform A is unusable because of its contract size granularity but does have a nice interface and decent specifications otherwise.
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Twitter user ‘doublejump’ ( an early tester of both platforms, gave a detailed overview of his experience in a series of tweets.Īccording to him, the platforms were “not documented well” and not ready to be used. While the soft launch of Binance Futures appears to have gone smoothly, its testing phase was peppered with critical reviews and wry commentary from a competitor over copied documentation.
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