Futures Trading Guide on Binance for Those Who Never Know and Have Never Used It (Simple Explanation)â ïžđđđđâ ïžAward-Winningđ
đŠHow Do Futures Work?
đActivate Account: Activate your futures account by clicking the link below and answering the questions. đ Vadeli Ä°Ćlem Aktivasyon
â ïžâ ïžAfter Activating Your Account: Transfer USDT or USDC from your spot wallet to your futures account.đŠ
đâłSelect a Contract: Futures contracts are available for various cryptocurrencies such as $PEPE $DOGE $XRP or #Floki #Bonk #Shib . Determine the leverage ratio of the contract you choose between 3x-5x.
đŠOpen a Position: If you expect an increase in the market, open a "Long" position. If you expect a decrease, open a "Short" position by placing a "Sell" order.
đđŠClose Position: You can close your position at any time to realize your profit or limit your losses. As you gain experience, funding rates can help you with your analysis.
đœđđPlease don't forget to like, share and quote so everyone can learn. â€ïžđ
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