Binance crypto trade will provide selections contracts for the seventh largest cryptocurrency on the planet, Litecoin. In accordance with the weblog publish, the Litecoin contracts will go reside on November twenty fifth.
A Binance spokesperson acknowledged the itemizing of selections is a response to particular person demand, together with that selections are an vital hedging software program, significantly all through market rallies. Binance selections contracts have expiration cases ranging from 10 minutes to 24 hours, which is shorter than standard selections. They’re typically completed at any time earlier to expiration.
That’s the sixth itemizing of selections contracts on Binance. The worldwide widespread spot worth for Litecoin is barely under $90 on the time of writing.
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