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Abstract:Binance Futures is now linked with TradingView, a professional charting and trading platform, allowing users to do technical and fundamental research as well as trade using charts without leaving the site.
The connection was revealed in a blog post on Thursday by the world's biggest crypto exchange, emphasizing that it enables customers to handle their transactions easily and learn new methods with an active community.
Binance clients who utilize TradingView may now trade USDS-Margined futures perpetual and delivery contracts straight from TradingView's browser and desktop applications. They may have access to more services by just logging in with their Binance accounts.
“With this integration, users with a Binance Futures account will be able to log in and trade nearly 200 crypto perpetual futures pairs on Binance Futures' exchange directly from the TradingView charts, as well as take advantage of numerous unique benefits — the exchange leads the market in derivatives trading volume and liquidity, offers 24/7 Customer Support in various languages, and provides an array of amazing benefits through the Binance VIP program,” the release continues.
According to the web-based charting service, registered customers may see a list of possible broker partners by scrolling down. Then, consumers may search for the Binance icon, enter their exchange credentials, and begin enjoying new prospects, according to the business.
The cooperation might increase interest in Binance's offering after it was forced to shut its futures and derivatives product in numerous countries due to a mounting regulatory crackdown. The powerful exchange has been under increased regulatory scrutiny in Europe and Asia because of worries about investor safety and compliance.
During the worldwide epidemic, bitcoin derivatives gained appeal among individual investors, forcing authorities to intensify their surveillance of Binance and other platforms, despite the fact that most cryptocurrency trading is uncontrolled.
Futures and options are both ways for investors to wager on the trends of a cryptocurrency's price without actually holding the underlying coin, which avoids legal and custodial difficulties. Futures, on the other hand, are generally riskier than options since the only financial responsibility for the latter is the premium paid at the time of purchase. Futures contracts, on the other hand, carry the most risk.
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