Main Takeaway: Binance Futures offers a huge selection of cryptos with new coins being listed constantly to provide traders with the best trading experience . Users can take advantage of low trading fees, a generously wide range of leverage, and high liquidity to perform their trades.
Read moreHow do you calculate future profit in Binance?
To close the position, you buy back USD 10,000 worth of contracts and simultaneously sell the equivalent of Bitcoin (10,000/55,000 = 0.1818 BTC). In this trade, your profit will be calculated as such: Quantity of Bitcoins at Entry – Quantity of Bitcoins at Exit = 0.2 – 0.1818 = 0.0182 BTC .
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 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.
Read moreWhat are futures Crypto?
Crypto Explainer+ Expert. Futures are a type of derivative trading product . These are regulated trading contracts between two parties and involve an agreement to purchase or sell an underlying asset at a fixed price on a certain date. In the case of bitcoin futures, the underlying asset would be bitcoin.
Read moreWhat is the difference between Binance margin and futures?
Essentially, margin trading amplifies trading results so that traders can realize larger profits on successful trades. A futures contract is an agreement to buy or sell the underlying asset at a predetermined price in the future.
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