Binance Launches Oil and Natural Gas Futures Trading

The exchange said it has officially introduced futures trading tied to oil and natural gas, expanding beyond crypto-linked derivatives.

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Terms & Concepts
  • Futures trading: A derivatives market structure where traders speculate on or hedge the future price of an asset using contracts settled at a later date.
  • Derivatives: Financial contracts whose value is based on an underlying asset, such as commodities, cryptocurrencies, or indexes.