Futures Trading Guide on Binance for Those Who Never Know and Have Never Used It (Simple Explanation)⚠️🚀🎁🎁🚀⚠️
⚠️First Activators and Transactors are Eligible for IO and Competition Prize⚠️
🦊How Do Futures Work?
🎁Activate Account: Activate your futures account by clicking the link below and answering the questions.
👇
⚠️⚠️After Activating Your Account: Transfer USDT or USDC from your spot wallet to your futures account.😽
👀⏳Select a Contract: Futures contracts are available for various cryptocurrencies such as $BTC $SOL $NOT or #Floki #Doge #Shib . Determine the leverage ratio of the contract you choose between 3x-5x.
🎁Open 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.
👀🦊Close 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.
😽🎁💕Please don't forget to like, share and quote so everyone can learn. ❤️👍
