Home Ethereum News ETH/USDT Added Up on Binance's Testnet Platform

ETH/USDT Added Up on Binance’s Testnet Platform

ETH/USDT Added Up on Binance's Testnet Platform

  • Ethereum would become an advantageous option for Bitcoin on Binance.
  • Binance exploring new multiple high advantageous fields for future growth.
  • It would provide a platform for traders to trade on high margins without risking any real cryptocurrency.

Recently Binance, the world’s largest cryptocurrency exchange has announced that it has launched ETH/USDT on its Future Testnet platform with up to 50 times of current bargaining chip. And all that will be provided without even endangering any real cryptocurrency.

Reactions of Binance officials regarding the launch

With the launch of ETH/USDT, Binance CEO Changpeng “CZ” Zhao commented jokingly that

“Better get wrecked on the test net. Multiple contacts are coming online soon for Binance futures”.

Changpeng’s comment recalls the previous comment he made when Binance decided and did increase the maximum bargaining chip for the investors which could be used for the Bitcoin (BTC) Testnet platform to an all-time high of 125 times the original contact.

At the same time, Changpeng also informed the traders about the dangers of trading on margins, advising naïve traders to be vigilant of their every move in the field.

Download our App for getting faster updates at your fingertips.

en badge web generic.b07819ff

Anurag Agarwalhttps://www.thecoinrepublic.com
Anurag Agarwal is a writer for Thecoinrepublic. He is pursuant of B.tech in biotechnology from M.I.E.T Meerut, who's passion is to read and express through the medium of words. He is contributing the regular in-depth analysis of News and updates.

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange


Must Read

XRP Bulls Unable to Hold Levels Above $0.260 Signaling for Potential Consolidation

XRP price levels were able to break above the crucial mark of $0.260 on Tuesday's market session as the community had buy-back...

EagleFx Services Review

Headquartered at the Commonwealth of Dominica, Eaglefx was formed in 2019 with a vision to ease trading for its customers and give...

Coinmerce Registered at the Dutch Central Bank

Coinmerce can proudly announce that we have been added to the crypto register of the Dutch central bank on November 9th, 2020. Of...

Binance as the Leader of Spot and Derivatives

Binance has again surpassed its competitors in terms of spot tradingBinance achieved a volume of $164.8 billion from only the derivatives market

Dash Trading in Critical Support Area Unable to Regain its Positive Momentum

Dash is still trading negative after breaking below the major support level of $65.00 and unable to revive its positive momentum The DASH/BTC...

Tezos Remains Negative after the Breaks Below Crucial Price Level of $2.00

Tezos was unable to regain its positive momentum besides the overall market conditions turning green on Wednesday’s trading sessionThe XTZ/BTC pair is...

Related News

Is Ether Price Below $380.00 Signalling a Bearish Move Ahead?

Ether’s all-time resistance level of $390.00 provided another major negative reversal which forced the price levels to drop below $380.00The ETH/BTC pair...

Tether may surpass Ethereum by 2022, gains second position

Report said that stagnant market cap of ETH, which is currently at $43.2 billion but remained under $30 billion in 2019 and...

How Will Ether React Amid Getting Close to All-Time Resistance Level of $390?

Ethereum has made significant price recovery actions in the market after touching the support area of $330.00 at the starting of this...

Ethereum to Possibly Take Over BTC in the Future, ETH Growth 8x than BTC

Active Ethereum wallets with a balance over 1ETH have seen significant growth and surpass the growth of active Bitcoin wallets with over...

Daily Movers of Crypto Market: ETH, BCH, UNI, and SUSHI

Bullish move in global market help crypto market to outperform as the crypto market cap increase 3.32% and stands at $344,797,299,896Crypto king...