Binance to Launch 247 Perpetual Futures Trading in Crude Oil and Natural Gas

Binance to Launch 247 Perpetual Futures Trading in Crude Oil and Natural Gas

user avatar

by Ayman Ben Youssef

6 months ago

Made with AI

Binance is making a significant move in the commodities market by launching 247 perpetual futures trading for key energy products. This new offering, set to debut on April 1, aims to attract traders looking to capitalize on the volatility in crude oil and natural gas prices. The analytical report published in the material substantiates the following: this expansion could reshape trading strategies in the energy sector.

Новые контракты на нефть и газ

Each WTI and Brent contract will represent 1,000 barrels of crude oil, while the natural gas contract will cover 10,000 MMBtu. This strategic expansion into the crude oil and natural gas sectors comes in response to heightened geopolitical tensions that have significantly impacted energy prices.

Привлекательность для трейдеров

Making these markets increasingly attractive for traders.

Recently, Binance has experienced a surge in derivatives trading, particularly in gold futures, as prices have dropped significantly. This trend contrasts with their upcoming launch of perpetual futures for energy products. For more details, see gold futures.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

TLDR Strategy Enhances Financing Framework for Future Activities

TLDR Strategy has updated its securities paperwork to maintain its at-the-market financing capacity, crucial for future funding activities.

user avatarAisha Farooq

WisdomTree Advances Regulatory Framework for Tokenized Funds

WisdomTree has updated its registration materials for tokenized investment products, focusing on the legal framework necessary for their distribution.

user avatarTenzin Dorje

CleanSpark Surpasses 10,500 BTC in Bitcoin Reserves

CleanSpark has achieved a significant milestone by increasing its Bitcoin reserves to over 10,500 BTC, reflecting a strategic shift in its operational model.

user avatarBayarjavkhlan Ganbaatar

Hester Peirce Calls for Cryptography to Enhance Financial Crime Prevention

Hester Peirce advocates for the use of cryptography to improve financial crime prevention, criticizing current data collection practices.

user avatarMohamed Farouk

BlackRock's Tokenized BUIDL Fund Surpasses $550 Million in AUM

BlackRock's tokenized BUIDL fund has reached approximately $552.4 million in assets under management, highlighting its significance in the institutional real-world asset market.

user avatarElias Mukuru

Trump Administration Seeks to Expand Dollar-Backed Stablecoins Globally

The Trump administration is considering an initiative to promote dollar-backed stablecoins internationally to reinforce the dollar's status as the world's reserve currency.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.