As of today, traders who use Binance Futures will be able to benefit from the larger Leverage on both margin and trading available on the service. Binance Futures has been up and running for a couple of months now and has so far proven to be a big hit with traders. Owing due to its easy-to-use interface which boasts a sophisticated risk engine, liquidation model, and a fast matching engine. This the platform states provides a competitive advantage in the market but helping to prevent traders from getting reducing the risk of traders being affected by unnecessary liquidations or by market manipulation. With CZ Zhao, describing the service as one that “far outstrips many other platforms in the market”, with explaining that, “The market has been demanding a product with superior stability and performance; now we are providing one.” Thanks to this update, this could be truer than ever as with this latest improvement to the service, users will now have more freedom to use Binance Futures in a way that can better serve their needs. [cta text='Visit Binance' href='/out/binance'] 125x Leveraging Twinned With Better Risk Management Via the increase of the leverage available, which went live this morning, the range of leverage of between 1x-125x while large leverage positions will reduce to those within this parameter. This gives users the option to hold much more in leverage for a smaller collateral risk. An example provided by the platform explains that for a 100 USDT collateral deposit, Binance Futures will allow users to hold 12,500 USDT in BTC. As such, you will have a much stronger position, overall, and more funds at your disposal. This function via their built-in hedging, which promises to help traders manage risk more effectively but still benefit from an enjoyable trading experience. This is further by the risk management system, alongside an insurance fund that will help to limit the chances of auto-deleveraging. Discussing the system and the reasoning behind the increased leverage being made to users, Aaron Gong, Director of Binance Futures, stated, “We have seen increased activities from these traders transferring in and out from spot to futures during volatile periods. The liquid and easy-to-use spot market, as well as the simple process to transfer capital between spot and futures, provides traders with the most efficient manner to trade in both markets.” Gong went on to detail the future of Binance Futures going forward, “We’ve seen continued improvement in our volumes and market share, and we expect to see further gains in the coming months. In Q4 of this year, we will roll out new major features that address community feedback, including several developments to improve the user experience.” BNB Burn As are now in the midst of the 4th Quarter of 2019, as per the coin’s whitepaper, a burn of Binance’s native coin, BNB, has taken place. News of which was released yesterday. In this 9th burn of the coin, 2,061,888 BNB, which is the equivalent to $36,700,000 USD worth of BNB out of circulation permanently, according to the current market value of the crypto which is ranked 7th by Coinmarketcap. This makes this recent burn, the 3rd largest of all-time from the platform. This, according to Binance, reflects “significant growth over the last quarter”. This growth has been accredited to the release of several new features on the platform, including their Margin trading service, the above-mentioned Futures Trading, and many other services that the platform has continually rolled out over the summer months. It is worth noting that this burn is one is conducted by burning half of the tokens from the team addresses and half from other wallets owned by Binance, a system that was rolled out when the most recent burn to this one took place back in July. This is opposed to the buying back systems other platforms have in place. As previously mentioned, right now is burning season, with ChangeNow and CoinEx also burning large numbers of their own native tokens in recent weeks.