► CryptoCurrency Choices:
► ByBit Assessment :
► Deribit Assessment:
► BitMEX Assessment:
► Binance Assessment:

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► Time Stamps ⏰

0:30 Change Overview
2:00 Logging in
2:22 Safety
2:48 Insurance coverage Fund
3:34 JEX Futures Leverage
4:16 Liquidation
4:55 Possibility Buying and selling
5:50 Buying and selling Charges
6:44 Deposits / Withdrawals
8:40 Conclusion

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► Overview 📝

Binance J.E.X is a crypto futures and choices trade that’s owned & operated by the identical individuals who run the Binance principal trade.

Binance acquired Jex in September of 2019 as a way to broaden its crypto derivatives providing.

Binance JEX additionally has its personal token known as JEX. That is used within the Binance JEX ecosystem as a way to cut back buying and selling charges. This was additionally airdropped to merchants who held BNB.

The Binance JEX trade makes use of among the identical safety procedures as you have got on the principle Binance Change. They implement chilly storage in addition to sizzling wallets with offline keys.

In addition they provide an investor safety fund that’s used as a way to keep away from the danger of socialised losses on the trade.

Binance Jex gives leverage of as much as 100x. So in different phrases, you solely need to put down 1% of the margin.

For asset protection, you have got Bitcoin, Etheruem and EOS. All of those futures markets provide leverage of as much as the utmost of 100x.

For choice contract protection, Binance JEX has Bitcoin, Ethereum, EOS, Litecoin, and BNB. These are choice contracts with month-to-month experies.

You may as well commerce on the spot market. These embrace each Bitcoin and Tether buying and selling pairs.

Binance JEX operates a maker-taker charge mannequin nevertheless at present, these are each the identical. It signifies that you’ll be charged the identical charge regardless of being a maker. Charges are at present between 0.10% and 0.20%.

You possibly can cut back the buying and selling charge by 50% should you preserve the JEX token in your trade pockets.

There aren’t any charges for deposits / withdrawals other than community charges. There may be additionally no choice for Fiat deposit / withdrawal and you’ll have to use Crypto solely.

There are 4 buying and selling platforms at Binance JEX. You may have the 2 futures exchagnes (fundamental and superior) in addition to the choices platform and the spot market platform.

These buying and selling platforms look much like the Binance variations though the choice platform appears similar to the spot market model. There are some distinctive quirks and options on the JEX buying and selling platform that aren’t on the Binance futures platform.

Binance JEX additionally has a buying and selling app that’s accessible in each iOS and Android. In addition they have an API that can be utilized to code buying and selling bots and algorithms.

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► Warning!! ⚡️

All the time Do Your Personal Analysis when buying and selling cryptocurrencies. They’re very dangerous and it’s best to apply prudent threat administration.

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► Disclaimer 📜

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit final result.

#BinanceJEX #Change #Crypto #Buying and selling #Bitcoin #USD #Futures #choices #blockchain

Source: Coin Bureau