According to the announcement from Binance, the platform is set to introduce a new feature called Live Futures on Binance Square. This feature aims to provide users with real-time access to Futures trading, allowing them to view authentic and verified trades within the Binance Square community. By enabling Live Futures, creators can transparently showcase their trading skills, helping users identify reliable traders and avoid potential scams. This initiative is expected to enhance content credibility, foster deeper community engagement, and build confidence in following and copying trades.
**Live Futures Trading Display & Sharing**: Users who enable Live Futures can display their trading performance, including profit and loss (PnL) and open positions, directly on Binance Square. This feature allows traders to highlight their achievements and reach a broader audience. **Featured Top Traders**: Top-performing traders will be prominently featured on the Binance Square homepage and the Futures ‘Smart Money’ leaderboard, increasing their visibility and attracting more followers. **Flexible Privacy Controls**: Traders have the option to make their positions public or restrict access using subscription access codes, allowing only select groups to view their Live Futures activity.
**Benefits of Live Futures**: For creators, verified live trades enhance their reputation as trustworthy traders. For users, access to transparent, real-time trading data enables them to confidently follow and copy genuine traders, reducing the risk of scams. The feature also promotes engagement and loyalty by allowing creators to share exclusive signals with private groups. Additionally, through the ‘Write to Earn’ program, creators can earn up to 50% commission on trades generated by their content, turning valuable insights into a steady income. The feature is expected to be available soon, providing users with a new way to engage with the Binance Square community.