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Binance to upgrade futures mock trading and testnet services

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Binance to upgrade futures mock trading and testnet services
Web3/Crypto
Webp changpeng zhao 5
Changpeng Zhao, Founder for Binance | X

Binance has announced an upgrade to its Futures Mock Trading and testnet services, resulting in a temporary suspension of access on both the app and website. The company has not specified when these services will be restored.

According to Binance's official announcement, the upgrades aim to enhance the simulated trading experience for users. These features are crucial for individuals practicing futures strategies without financial risk and for developers testing integrations via the testnet. The temporary suspension underscores Binance's commitment to delivering improved functionality and performance before relaunching these services.

The announcement also indicates that Futures Mock Trading will be unavailable on certain versions of the Binance App until further notice. This pause in access affects users who rely on those versions for risk-free simulated trading. Binance communicated this disruption as a necessary step to facilitate system upgrades designed to improve user experience and stability.

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Additionally, access to the Futures testnet on the Binance website will be gradually phased out during the upgrade process. This web-based testnet is widely used by both retail and institutional users for trialing strategies and APIs, so its temporary unavailability could impact those currently relying on it. However, Binance reassures users that revamped versions of both services will be reintroduced with enhancements expected in functionality and user interface.

According to Binance’s corporate overview, founded in 2017, it has grown into the world's largest cryptocurrency exchange by trading volume. The company supports a global user base with services including spot and derivatives trading, staking, lending, institutional products, and Web3 infrastructure. Upgrading foundational tools like Mock Trading and testnet environments demonstrates Binance’s dedication to maintaining a cutting-edge ecosystem for users across various experience levels.

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