Binance records a 68% increase in the volume of futures trading

Binance records a 68% increase in the volume of futures trading

One of the most popular cryptocurrency exchanges, Binance, records a 68% increase in the volume of futures trades compared to Q1.

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19 Jul 2020 , 12:15 @ Katie Müller

Binance records a 68% increase in the volume of futures trading

One of the most popular cryptocurrency exchanges, Binance, records a 68% increase in the volume of futures trades compared to Q1, informs The Block.

In dollar metrics, volume increased from $ 157 billion in Q1 to $ 263 billion in Q2. Binance launched futures trading only last year in September.

Source: Skew, The Block Research

As for the volume of spot trading, it decreased slightly in Q2, namely by 4% from $ 152.7 billion in Q1 to $ 146.3 billion.

We can also note that the exchange carried out another burning of their BNB coins, which has removed approximately $ 60.50 million worth of BNB from circulation.

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