How to trade on binance futures

how to trade on binance futures

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And if you use margin, it is also quite risky will cover everything.

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How To Do Futures Trading On Binance App (The Complete Guide For Beginners)
Check the expected funding rate and a countdown until the next funding round. The first step to trading Binance Futures is creating a user account on Binance Exchange. Account registration is an easy step as long as you have your identity. To make your first trade on Binance Futures, go to Binance Futures and choose between [USDS-M] and [COIN-M] Futures Contracts.
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You can check your current margin ratio in the bottom right corner. Using higher leverage also carries a higher risk of liquidation. To adjust the leverage, go to the [Order Entry] section field and click on your current leverage amount 20x by default. All users will need to complete basic verification to be able to use Binance products and services. Binance Blog.