Binance has announced the launch of the Isolated Margin Model on its Futures platform.

This new feature allows traders to accurately allocate the margin they are willing to risk on an open position, isolating it from all other positions to reduce any losses. 

The Isolated Margin Model guarantees that the liquidation of an open position will not directly affect any other open positions, allowing traders to implement different strategies, increasing potential benefits and reducing losses. 

The goal is to provide traders with better risk protection and a way to increase profits. 

In addition, a guide called “The Ultimate Guide to Trading on Binance Futures” has been published at Binance Academy to learn more about how to trade on this market using the Isolated Margin Model. 

The director of Binance Futures, Aaron Gong, commented: 

“We spare no efforts in ensuring a seamless trading experience for our users while providing them with the best protection and innovative functionalities. We have kept releasing two to three major features on a weekly basis and have witnessed the rapid growth of both retail and institutional traders on Binance Futures trading platform. We keep on listening to the community and are addressing their requests by rolling out new features continuously”.

Binance Futures has also launched a futures trading competition that will run until January 17th with a $100,000 bonus for the winners. 

Binance launched its futures trading platform in September 2019 with a cross margin model. Today it includes BTC contracts with a maximum leverage of 125x and ETH and BCH contracts with a maximum leverage of 75x. 

Trading volumes of futures contracts on the Binance platform are high, with BTC contracts exceeding $1 billion in the last 24 hours. 

By contrast, the futures trading on ETH, with about 80 million dollars, and BCH, with just under 70 million dollars, are much lower. 

TimeBit