Trading on Binance Future is More Profitable
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Binance Future
Currently in the Binance marketplace, futures trading is available, the advantage is that you can get profit when the market goes up or down. if you predict that the bitcoin price will fall, you place a short / sell position. and Take Profit when it reaches the target. You can also use Leverage.
Leverage is loan capital from the exchanger so that you can take a position with a capital that is larger than the original balance. for example, you are trading with an initial capital of $ 100, if you activate 10x Leverage, then you will be like trading with a capital of 100 × 10 = $ 1000, the profit that can be obtained will also be greater, and the risk of loss of course is also greater than the spot market.
How to open a Binance Futures account
Before opening a Binance Futures account you must have a Binance account. You already know what I mean. If you don't already have one, you can register on Binance.com
then register as usual. If you have created an account You will receive a verification email shortly. Follow the instructions in the email to complete your registration. Then, log into your Binance account, move your mouse over the menu at the top of the page, select it and click Futures.
Once you are on the Binance Futures page, you will see the first two letters of your email address associated with your account in the top right corner.
How to fund your Binance Futures account
You can transfer funds from your Exchange Wallet (the Wallet in your Binance account) to the Futures Wallet (the Wallet you use on Binance Futures) or vice versa. To transfer funds to the Futures Wallet, click on Transfer in the lower right corner of the Binance Futures page.
Enter the amount you wish to transfer, and click on Confirm transfer. You can see the balance added to your Futures Wallet immediately.
Okay, you are ready to trade now...