Binance acquires cryptocurrency derivatives platform

The cryptocurrency exchange will now have JEX services, which it will use to offer new products to its customers

The world’s most important cryptocurrency exchange, Binance, announced that it acquired a little known cryptocurrency derivatives platform.

The name of this startup is JEX, a firm based in the Seychelles that will now be named Binance JEX.

This platform is expected to offer derivative products, such as futures, options and perpetual contracts.

Binance has been working on its own derivatives platform, and for the next 2 weeks it will offer its clients access to both so that they could decide which they prefer to become the company’s platform.

Those who are more satisfied during the tests on these platforms can earn up to 10,000 BNB tokens, the cryptocurrency of this exchange.

K. Tovar

Source: iHodl

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