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❗️Did you know?
Many people think Binance is the pioneer of futures exchanges in the crypto world. But the truth is, Binance was not the first to introduce futures products.
The first crypto futures exchange is actually:
➡️ BitM*X (Bitcoin Mercantil* Exchange)
Launched in 2014, BitM*X was the first exchange to offer perpetual futures contracts for Bitcoin, complete with high leverage of up to 100x!
They paved the way for the trend of derivative trading in the crypto world.
Binance Futures itself only arrived in 2019, but with innovation and support from the Binance ecosystem, it has now become one of the largest futures exchanges in the world.
So, don't get it wrong — Binance is indeed a giant now, but it was not the first!
Many people think Binance is the pioneer of futures exchanges in the crypto world. But the truth is, Binance was not the first to introduce futures products.
The first crypto futures exchange is actually:
➡️ BitM*X (Bitcoin Mercantil* Exchange)
Launched in 2014, BitM*X was the first exchange to offer perpetual futures contracts for Bitcoin, complete with high leverage of up to 100x!
They paved the way for the trend of derivative trading in the crypto world.
Binance Futures itself only arrived in 2019, but with innovation and support from the Binance ecosystem, it has now become one of the largest futures exchanges in the world.
So, don't get it wrong — Binance is indeed a giant now, but it was not the first!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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