Here are essential tips for trading Binance Futures as a beginner:

1. Understand the Basics 😎

Futures trading involves predicting whether the price of an asset will go up (long) or down (short).

Unlike spot trading, you don't own the asset—you're trading contracts.

2. Start with Low Leverage😺

Leverage amplifies gains and losses. Start with 2x-5x leverage to minimize risk while you learn.

3. Learn Risk Management👨‍🏫

Never risk more than 1-2% of your trading capital on a single trade.

Use stop-loss orders to limit potential losses.

4. Study the Market🚫

Analyze price trends, charts, and market sentiment.

Stay updated on crypto news that could impact prices.