Launching new Binance.US and Binance futures connectors

Blog»Launching new Binance.US and Binance futures connectors

Yingdan Liang

2020-11-02 · 3 min read

We are excited to launch Hummingbot’s new connector and Binance Futures connector (beta) in our next release v0.33.0, which will be shipped on November 9th!

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since the launch of Hummingbot, we have been working closely with Binance to provide Hummingbot’s automated trading capability to Binance users and grow participation in liquidity mining on Binance.

The connector is one of the most highly requested connectors within the Hummingbot community. Many of the Hummingbot users residing in the United States have been waiting for this connector so that they can deploy Hummingbot’s automated trading capabilities on Binance.

In addition to the connector, the v0.33.0 release will also contain a USDT-M Futures connector that allows users to trade perpetual contracts using Hummingbot. Trading in crypto derivatives has been a rapidly growing market which has been the main focus of most major derivatives exchanges over the past year. Consequently, support for derivatives has been one of the most anticipated and asked for capabilities from the Hummingbot community. Adding support for Binance perpetual futures is the first of our future initiatives and forays into this space.

A perpetual contract is a special derivative product, which is an agreement to buy or sell an asset at a predetermined price in the future. However, unlike the traditional futures, it doesn’t have an expiry date, which means traders can keep the position open for as long as they like. Another difference between the traditional futures and the perpetual contracts is that the latter is priced based on an underlying Index Price of the spot market. Therefore, the perpetual contracts are often traded at a price that is equal or close to the spot price. This new connector is an initial beta version and our first connector that enables for derivatives. We encourage our community to test it out and provide us with feedback.

What’s next

With the connector, we are also working with the team on exploring bringing Hummingbot Miner liquidity mining to the exchange.

Simultaneously, we are working hard to collect user feedback and improve the new Binance USDT-M Futures connector, giving another powerful tool in the investment toolkit for our users. We are looking forward to continuing to expand Hummingbot’s derivatives capabilities to other derivatives products and exchanges in the future.

Additional Information

🏛 Token issuers: if your token is listed on or on any of the exchanges that Hummingbot is integrated with, please contact the team at to learn more about our liquidity mining campaigns and other partnership opportunities.

🌊⛏️ Liquidity miners: If you are interested in joining liquidity mining, please refer to below resources:

Current Liquidity Mining campaigns

Hummingbot Help Center

Hummingbot Miner web app

DISCLAIMER: The websites located at,, (collectively, the "Site") are copyrighted works belonging to CoinAlpha, Inc. ("Company", "us", "our", and "we"). Certain features of the Site may be subject to additional guidelines, terms, or rules, which will be posted on the Site in connection with such features. All such additional terms, guidelines, and rules are incorporated by reference into these Terms. These terms of use (these "Terms") set forth the legally binding terms and conditions that govern your use of the Site. By accessing or using the Site, you are accepting these Terms (on behalf of yourself or the entity that you represent), and you represent and warrant that you have the right, authority, and capacity to enter into these terms (on behalf of yourself or the entity that you represent). You may not access or use the Site or accept the terms if you are not at least 18 years old. If you do not agree with all of the provisions of these terms, do not access and/or use the Site.