🧬🎓👨🏫 Learn Binance Future Trading Zero to Advance : Part 2🎓👨🏫
Section 2: Understanding Binance Futures
What are Futures Contracts?
Futures contracts allow you to speculate on the future price movement of an asset. Binance offers a variety of futures contracts for different cryptocurrencies.
Leverage:
Leverage allows you to control a larger position with a smaller amount of capital. However, it also increases the risk. Understand how leverage works and use it wisely.
Funding Rates:
Binance futures contracts have funding rates, which are fees exchanged between long and short traders. Learn how funding rates work and how they affect your trades.
