CFDs are leveraged . This means you can go long, if you believe Dogecoin’s price will rise, or go short if you feel its price will fall. Either way, you’ll make a profit if you’re correct.
Read moreCan I trade futures on Binance?
With Binance Futures, traders can sell high and buy low or buy low and sell high to benefit from any price fluctuation while implementing different strategies like Grid Trading and TWAP .
Read moreWhat countries allow Binance futures?
Binance, the world’s leading cryptocurrency exchange, has suspended futures and derivatives products offerings across Europe, starting with Germany, Italy, and the Netherlands . Announcing the move, it said it was “taking proactive steps” towards harmonising crypto regulations.
Read moreCan you make money with Binance futures?
What’s even more fascinating is the ability to make profits regardless of the market’s direction . With Binance Futures, traders can sell high and buy low or buy low and sell high to benefit from any price fluctuation while implementing different strategies like Grid Trading and TWAP.
Read moreHow do you trade futures for beginners?
A beginner’s guide to trading futures contracts
Read moreCan I use regular Binance in the US?
Users in over 180 countries can trade on Binance, but only 43 states can use Binance.US, excluding Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana .
Read moreHow do futures work on Binance?
Trading Bitcoin futures on Binance is simple. The platform only allows trading Bitcoin/USDT with up to 125x leverage, and up to 75x for other cryptocurrencies . In contrast, other margin exchanges allow leverage of up to 100x.
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