Binance crypto exchange will supply choices contracts for the seventh largest cryptocurrency on the planet, Litecoin. In accordance with the weblog publish, the Litecoin contracts will go reside on November 25th.
A Binance spokesperson stated the itemizing of choices is a response to person demand, including that choices are an necessary hedging software, particularly throughout market rallies. Binance choices contracts have expiration instances starting from 10 minutes to 24 hours, which is shorter than conventional choices. They are often accomplished at any time previous to expiration.
That is the sixth itemizing of choices contracts on Binance. The worldwide common spot price for Litecoin is slightly below $90 on the time of writing.
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