Share this article
Binance Launches Two Crypto Futures Platforms for User Testing
Cryptocurrency exchange Binance has launched two test platforms for its crypto futures products.
Updated Sep 13, 2021, 11:24 a.m. Published Sep 2, 2019, 12:10 p.m.
Cryptocurrency exchange Binance has launched not one, but two test platforms for its planned crypto futures products.
Dubbed Futures A and Futures B, the new testnets are now open for users to play with using dummy assets, with new competitions to encourage traders to get involved.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
On Monday, Binance announced on its website that users will be able to vote for their favorite futures testnet.
As for the competitions, Binance said it will award prizes totaling 10,000 Binance coin – worth around $215,700 at press time – for each platform.
In early July, Binance founder and CEO Changpeng “CZ” Zhao revealed that crypto futures were on the way, showcasing a trading interface with features including longs and shorts on crypto assets.
The exchange also launched crypto loans on Aug. 28 in a bid to attract user deposits.
Initially, users will be able to lend their U.S. dollar-pegged USDT, and Binance’s BNB cryptocurrency in order to earn interest, payable from Aug. 29 to Sept. 11. Annualized interest rate for the initial lending products with a 14-day fixed maturity term, has been set at 15 percent, 10 percent and seven percent, for BNB, USDT, and ETC, respectively.
Changpeng Zhao image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Eric Trump's American Bitcoin and Anthony Pompliano's ProCap Add to BTC Holdings
The shares of both bitcoin-related firms are posting modest early gains Wednesday, but remain sharply lower over the past several days.
What to know:
- American Bitcoin (ABTC) added 416 bitcoin in the past week, raising its holdings to 4,783 coins.
- ProCap Financial (BRR) — whose SPAC merger was completed last week — marginally lifted its holdings to 5,000 bitcoin.
Top Stories
