In this episode, Bobby Ong, co-founder of CoinGecko is joined by Aaron Gong, Director of Binance Futures. Bobby interviewed Aaron on the story behind Binance Futures, features found in Binance Futures, as well as some of his thoughts and plans for what lies ahead of Binance Futures and the crypto derivatives.
[00:00:02] Intro
[00:01:36] Background on Aaron Gong
[00:02:23] Experience working at CME Group
[00:03:39] Becoming the Director of Binance Futures
[00:04:57] Blitzscaling culture in Binance
[00:07:21] Growth in crypto derivatives in 2019
[00:08:50] How the Risk Engine and Insurance Fund work in Binance Futures
[00:13:12] How margin works in Binance Futures
[00:15:32] Advantages of using Binance Futures
[00:18:36] Users of Binance Futures
[00:25:09] Thoughts on Binance JEX
[00:27:03] 2020 Plans for Binance Futures
[00:44:00] Where to follow Binance Futures
Quotes from the Episode:
“Right now, we have around 13 million USDT in insurance fund as far as I
remember.” [00:13:05]
“The cross collateral feature does provide users the option to use asset in their spot
account as a collateral or USDT at zero interest and trade out Binance Futures.”
[00:13:38]
“I certainly think the total market size will be a lot larger. It certainly will grow at least 10X, eventually 50X and 100X of the spot market.”
[00:22:22]
Links
Binance Futures - https://www.binance.com/futures
CoinGecko - https://www.coingecko.com/
Binance Futures on CoinGecko - https://www.coingecko.com/en/exchange...
Social Media
Binance Futures:
https://twitter.com/binance
CoinGecko:
https://twitter.com/coingecko
https://t.me/coingecko
