Binance Wallet has integrated on-chain perpetual futures trading through Aster, enabling users to trade derivatives directly from Binance Wallet (Web) while maintaining full self-custody of their assets, according to an announcement shared with Finbold on January 14.
The new feature allows users to access perpetual futures trading within the Binance Wallet (Web) interface, removing the need to manually connect to external decentralized applications. Trades are executed on Aster’s decentralized perpetuals platform, with Binance Wallet serving as the access interface.
At launch, the service is available exclusively to Binance Wallet (Web) users on the BNB Smart Chain, with support for additional networks and mobile functionality expected to follow.
Supported collateral and expanded trading options
Binance Wallet (Web) Perpetual supports a range of collateral tokens on BNB Smart Chain, including BNB, USDT, ASTER, USD1, ASBNB, LISUSD, WBETH, BTC, ETH, CAKE, LISTA, and USDF. The integration is intended to provide traders with greater flexibility when managing collateral and executing leveraged strategies.
In addition to crypto perpetuals, Aster also offers stock-based perpetual contracts. Available pairs include blue-chip equities such as Apple (AAPLUSDT) and Nvidia (NVDAUSDT), as well as exchange-traded funds like the Invesco QQQ Fund (QQQUSDT), expanding the range of assets accessible through the decentralized trading interface.
Aster’s platform uses a mark price derived from a weighted average of major spot markets and supports features such as Hidden Orders, which remain invisible on public order books until execution.
Winson Liu, Global Lead of Binance Wallet, said:
“Introducing on-chain perpetual futures trading directly within Binance Wallet is a key step toward empowering our users with more sophisticated trading tools while preserving full asset control, reinforcing our commitment to providing a secure, trusted gateway to the decentralized world. Partnering with Aster allows us to offer a seamless, transparent, and efficient trading experience that aligns perfectly with our dedication to security and usability.”
Incentives and rewards
All perpetual trades executed through Binance Wallet (Web) will earn points in Aster’s airdrop program and count toward Aster’s trading competitions and reward events. Binance Wallet is also launching a perpetuals trading campaign to mark the integration, with up to 200,000 USDT in rewards to be distributed.
Users can access the new functionality by logging into Binance Wallet (Web) and navigating to the “Perpetuals” tab.
Featured image via Shutterstock.
Source: https://finbold.com/binance-wallet-integrates-aster-for-on-chain-perpetuals-trading/