- 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.