Binance’s NFLX Futures and Spot Token Differ Ahead of Netflix Earnings
Photo: TokenPost
Binance offers two separate products tied to Netflix shares ahead of the company’s planned third-quarter results Tuesday: a perpetual futures contract that tracks the share price and a tokenized security traded on its spot market. The NFLXUSDT futures contract settles in Tether USDt (USDT). Binance launched it June 9 with listed trading hours that run around the clock. The contract tracks the price of Netflix shares; it is not a share of the company. Binance added NFLXB/USDT to its spot market Aug. 5. NFLXB is a tokenized security issued by BTech Holdings Limited.
Source: TokenPost
