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Author Topic: After Hack Binance Exchange to Launch Futures Trading in September  (Read 140 times)
Prateek_sharma (OP)
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August 28, 2019, 09:23:00 AM
 #1

Well!! Did you know?

During an “ask me anything” session held on Aug. 28 , CEO of Binance exchange, Changpeng Zhao revealed that the platform will launch futures trading in September.

Source: https://coinpedia.org/news/binance-exchange-futures-trading/

What's your point of view on this?
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guoyu78
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August 30, 2019, 03:20:03 PM
 #2

September seems to want to hold a lot of great news for the cryptocurrency industry and this is one big factor that will really create hype again for the ICo market, this same September is when bakkt too will be releasing their own platform, and all things working together will create that great trade experience for a lot of people that would pick interest in the said market.

I am sure that binance is taking the right step once more to redeem itself from the little lost glory as a result of the hacking that they experienced in the last time, this future also, I think its one of the features that ethereum intend adding to the release of their next platform 2.0 and I really can't wait for all these to be released so that we can have more investors and more traders.
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August 31, 2019, 02:01:56 PM
 #3

I believe that this is absolutely the right step. Another development direction for Binance.
I don’t understand why there is so much noise around hacking the exchange. Yes, it was, there were no critical consequences, losses were compensated. Hacking everyone now, this is the current reality.
So go ahead, Binance!
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August 31, 2019, 02:19:37 PM
 #4

A step in the right direction for a high-volume exchange which just came under huge criticism due to the recent hack. Futures trading is a really good move for an exchange as big as Binance and things can only get better from this position. Hopefully the security team will step up their game and prevent breaches in the coming days as the exchange looks to re-establish its name on the top.
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August 31, 2019, 02:53:27 PM
 #5

Binance is still a trusted exchange for now, moreover they dare to recover the losses suffered by traders when binance is hacked, this cannot be done by any exchange that has ever existed except Binance, so, hopes in the future of Binance give birth to new ideas in the world trading, such as applying various Fiat currencies on the exchange, by taking the base currency in Asia. so, I see binance has the ability to continue to improve their platforms for the better.

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August 31, 2019, 03:38:36 PM
 #6

After the hacking incident, Binance began to prepare themselves and further develop their platforms so they are not easily hacked. The CEO of Binance Exchange also said that it will continue to develop binance to be the best exchange that can be used by everyone, and guaranteed security.
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August 31, 2019, 03:44:59 PM
 #7

September will be the last month of the 3rd Quarter of the year. it will have a great impact when this new method of trading are became popular to the traders. it will have some good result on the price of bitcoins by the end of this year.

Let's see if this become successful the other exchanges will follow the footstep of Binance. There's no doubt that Binance exchange is the most trusted and rank no.1 overall because they always have this new innovative idea with them.

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August 31, 2019, 04:30:15 PM
 #8

even though they were just hacked, but this is good news. that means, Binance becomes an exchange that has the most complete service. IEO, DEX, Futures trading, and many more.

I think this will have an impact on BNB token prices later ...
and maybe I'll start buying again, maybe later in September there will be a pump for BNB tokens.

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August 31, 2019, 04:31:04 PM
 #9

And yet another reason why binance exchange is top notch,they never stop to grow,this is why i think bnb token will benefits a lot and grow much higher than expected,binance exchange is no doubt a well organized crypto exchange,thanks to the CEO and teams,lets wait till September and see how it goes,hopefully it will have positive result
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August 31, 2019, 05:07:12 PM
 #10

They need to make things better, because Binance image was harmed. After several hacking issues, Binance must do something that would bring the value of BNB to the top. Hope they have learned lessons from those hacking attacks.
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