This guide is designed for investors who are new to cryptocurrency futures trading. The aim is to help users who are taking their first steps in the futures market understand the basic operations and develop the right strategies.
📌Futures Account Activation
Before starting futures trading, the relevant accounts need to be activated. On the Binance platform, this process is completed by users answering certain informational questions and accepting the risk. To activate your futures account, you can click on the Futures Activation link to start trading.
📌Fund Transfer
In order to trade in a futures account, funds must first be transferred. Users can start trading by transferring stable crypto assets such as USDT or USDC from their spot wallets to their futures account. This process is of great importance in terms of capital management and plays an active role in users' risk management.
📌Contract Selection
Contracts traded in the futures market can be made on different cryptocurrencies. This guide focuses on popular cryptocurrencies such as Bitcoin $BTC $PEPE $TON , NOT Floki (FLOKI), Dogecoin (DOGE), and Shiba Inu (SHIB), which have high volumes. Users can open their positions according to the leverage ratio they specify (such as 3x-5x). The leverage ratio allows you to trade as much as the invested capital; however, this also increases the risk at the same rate.
📌Opening a Position
There are two basic position types in the futures market: “Long” and “Short”. When users think the market will rise, they aim to make a profit by opening a “Long” position; when they predict the market will fall, they aim to make a profit from price declines by opening a “Short” position. During these transactions, “Buy” or “Sell” commands are given as market orders.
📌Position Closing
Positions can be closed when a certain profit target is reached or loss limits are approached. This is a critical step for traders to realize their profits or limit their losses. As they gain experience, users can make more informed decisions by analyzing market indicators such as funding rates.
📌Result
The futures market carries high risks as well as potential gains. Therefore, it is important for investors to understand the market dynamics well and make strategic decisions. Being successful in futures trading requires a patient and disciplined approach.
⚠️If your futures transactions are still not active, you can earn $ 20 by activating them for the first time in this guide. Then you can use what you earn with the explanation in the guide and increase your earnings👍
GOOD EARNINGS🚀
