"Binance is breaking into the futures market following the acquisition of a little-known derivatives platform. 

The world’s largest cryptocurrency exchange announced on Monday that it has acquired JEX, an exchange based in Seychelles. As part of the deal, JEX will be rebranded as Binance JEX and will offer derivatives products, including futures, options, and perpetual contracts, according to a press release.

For its part, Binance has been working on its own platform internally. Over the next couple of weeks, Binance will allow its clients to trade on both the JEX platform as well as the one it developed to get a sense of which is superior. Participating traders beta testing the two platforms can vote for their favorite for a chance to win up to 10,000 BNB tokens.”