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Bitvace.com confirmed the October launch of USDT futures

The Bitvace.com cryptocurrency exchange, which is in the TOP 20 in terms of daily trading volumes, confirmed the information about the preparation for the launch of trading in USDT stablecoin futures, which appeared earlier in the media.

Cointelegraph contacted the press service of the trading platform with a request to comment on the information about the upcoming launch of futures and received an official response:

“We plan to launch USDT futures trading. At this stage, we are planning a launch in October and are still finalizing the exact launch schedule┬╗

The new product will allow users to open positions on USDT with leverage and settlement at a later date. Users of the exchange will learn the possibility of opening shorts and longs on USDT using borrowed funds.