How do you play Futures on Binance?

All users should deposit a minimum of $50 in their Futures wallets and trade Futures during the promotion period to be eligible. Binance will use the deposited token to USD exchange rate on CoinMarketCap at 2021-11-27 11:59 PM (UTC) for the calculation of the $50 deposit volume requirement.

On the top navigation menu, there is a “Futures” button. Click on it and select the “Futures” option. On the bottom right, right under the order book, there is a “Transfer” button. To start trading Bitcoin futures, you’ll have to transfer some USDT to your Futures account.11 Kas 2021

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 .

Trading in securities in the United States requires extensive licensing. Rather than change its main exchange to suit U.S. regulations, Binance instead created a separate exchange for U.S. customers, called Binance.US . The United States has many crypto users and owners within its borders.

In order to trade futures, you must open an account with a registered futures broker who will maintain your account and guarantee your trades . In the futures business, brokerage firms are known as either a futures commission merchant (FCM), or an introducing broker (IB).