How to Use the Easy Mode to Place Orders on Binance Options
2023-07-13 15:28
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Easy Options is a new feature on Binance Options that simplifies the trading process. You’ll be guided through each step of options trading, from selecting the contract type, analyzing price trends, choosing the exercise date, to identifying an appropriate option. In addition, you’ll also be able to search for options using different filters.
How to place orders with Easy Options on the Binance website?
1. Log in to your Binance account and go to [Derivatives] - [Options]. Click [Tools] - [Easy Options].
You may also access it from [Options] - [Easy Options].
2. Choose a contract. For this example, we’ll use ETH.
3. Predict the price movement of the asset and choose whether it will go up or down.
4. Specify the duration for your price prediction.
5. Enter the predicted price.
6. Based on the parameters you set, you’ll see a list of options that matches your criteria. You can further refine the rankings of these contracts with different filters, such as probability of breakeven, popularity, return on investment (ROI), and cost.
7. Select an option contract and enter the amount you wish to allocate to the trade. Click [Buy] to place your order. Please check the order details carefully before confirming the order.
For more details about Binance Options, please refer to:
How to place orders with Easy Options on the Binance App?
1. Log in to your Binance App and go to [Futures] - [Options]. Choose [Easy Trade Mode].
If you’re on the Classic Trade Mode, tap [...] and choose [Easy] next to [Trade Mode].
2. Go to [Easy Options].
3. Choose a contract. For this example, we’ll use ETH.
Next, predict the price movement of the asset and choose whether it will go up or down.
4. Specify the duration for your price prediction and enter the predicted price.
5. Based on the parameters you set, you’ll see a list of options that matches your criteria. You can further refine the rankings of these contracts with different filters, such as probability of breakeven, popularity, return on investment (ROI), and cost.
6. Select an option contract and enter the amount you wish to allocate to the trade. Tap [Buy] to place your order. Please check the order details carefully before confirming the order.
For more details about Binance Options, please refer to:
