Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
BE (IN) CRYPTO
Bitcoin trading pair on Binance drops to $24,000: Why retail investors need to be cautious.
#BTCUSD
The BTC/USD1 trading pair on Binance unexpectedly experienced a flash crash, with Bitcoin's price plummeting to $24,000 before quickly recovering.
This incident did not affect the price of Bitcoin on major pairs like BTC/USDT. However, it highlights the liquidity risk for newly launched trading pairs.
BTC/USD1 dropped to $24,000, exposing the risk of low liquidity.
According to data from Binance, the incident lasted only a few seconds. Afterwards, the BTC/USD1 price stabilized above $87,000.
USD1 is a new stablecoin issued by World Liberty Financial, with backing from the family of former US President Donald Trump.
The chart from Binance shows an unusually long-wicked candlestick. However, this volatility did not cause any liquidation losses.
Berrygotare createdлот, Вес 21, 2005 13:40 UTC-7