Binance to List Perpetual Futures on Dell, IBM and IREN
JOON HYOUNG LEE
Summary
- Binance said it will list new U.S. stock perpetual futures tied to Dell, IBM and IREN.
- The perpetual futures contracts will be margined in Tether (USDT), with listings beginning in phases from 7 p.m. Korea time on June 3.
- Binance said it is adding trading services for U.S. stocks and exchange-traded funds (ETFs), allowing users to trade more than 7,000 U.S. stocks and ETFs.
Forecast Trend Report by Period
Binance, the global cryptocurrency exchange, will list new perpetual futures tied to U.S. stocks including Dell, IBM and IREN.
BlockBeats and other outlets reported on June 3 that Binance will launch the new contracts later that day. The contracts will be margined in Tether (USDT). Trading will begin in phases starting at 7 p.m. Korea time on June 3.
Binance has been expanding into traditional finance products this year. In April, it listed perpetual futures tied to Microsoft and Broadcom.
Binance also said earlier this month that it would add trading in U.S. stocks and exchange-traded funds on its platform. The move will allow users to trade more than 7,000 U.S. stocks and ETFs.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
