Think about your capital management. Only bet what you can afford to lose. If you're new to the market, start with small amounts. If you are aware of the financial risk, Binance Futures can help you increase your bottom line regardless of whether the price of Bitcoin or other cryptocurrencies goes up or down.

Autor: Marek / Motivational tips:

BTC: 14AVPFbcQdyPcZVDiXca41Qf4a5wzBY18A

ETH: 0xC9D196ae963986fD3a2C42829364c4fa12157583

LTC: LakGjn5jFbEYA8KgFJt7AMoXDo4nHSuUSP

Registration link Exchange Binance:   CLICK

Finally, the built-in calculator can be used to calculate the target profit or check the liquidation price of the order before opening a position.

A great relief the Binance exchange offers is the ability to quickly withdraw money from your own futures wallet or add it from the main spot wallet. This is a useful feature when trading cross collateral. You do not risk losing the entire capital, only the part that is currently contained in the futures wallet.

Additional functions

Position mode is a useful feature that you should learn about.

Here is the choice:

• One-way mode, i.e. H. when opening a position, e.g. B. Short, you can change its value. It is possible to close or enlarge part of an object. As long as it is open, however, Longs cannot be opened.

• Hedge mode, d. H. At the same time, for example, one can enter into an open long but short-term short position. So you can do two opposing positions at the same time.

Do not forget that the selection of the position mode is only possible if there are currently no orders open on the futures account.

Stop Loss

The Binance exchange offers various options for setting a stop loss:

• The stop market is the safest option to choose a stop loss. It is an exit from a position at the price you have set. The exception can be the rapid movements of the Bitcoin price where closing the contract can be "slippery" but at the best possible price that has been set.

• Stop Limit, here you set the stop-loss activation price, i.e. the price at which the order is added to the order book.

• Trailing Stop is a typical trailing stop that follows the price as it moves in the expected direction.

Close a position

To close positions, select the `` Close '' tab and specify the value for which part of the open position you want to close.

It can be part or all of it. For example, if you are in a long position with a value of 1 BTC and want to leave it, you open `` Close '', select Limit or Market and enter the value, e.g. B. 1 BTC if the entire position is to be closed. However, it is important that the price when choosing the limit, not the value, because you have to reach it and you cannot be sure that the transaction will be completed.

The market automatically closes your positions at the best current market price.

There are 2 ways to set up a position:

• The Market order via the Open Long or Open Short option - with this option, contracts are bought or sold at the current best market price. The position will be opened immediately after the order is placed.

• The order by limit - long position or short position, with this option you buy or sell contracts at the desired price, which should be entered in the Price field. The order ends up in the "order book" and waits to be executed until the market price has reached the value you specified. Of course, one cannot be sure whether the certain price can ever be achieved.

Here you can transfer any amount of money to the new trading account. The money can be freely transferred between the Exchange Wallet (the wallet that is used for Binance) and the Futures Wallet (the wallet that is used for Binance Futures).

To transfer money to the futures wallet, specify the amount that you want to transfer and click on "Confirm". Shortly afterwards, the balance should be added to your own futures wallet.

Set up position:

If you have already set up the account for trading with leverage and have USDT or BNB in your wallet, you can open the sub-item "USDT-M Futures" on the "Derivatives" tab.

Here you can transfer any amount of money to the new trading account. The money can be freely transferred between the Exchange Wallet (the wallet that is used for Binance) and the Futures Wallet (the wallet that is used for Binance Futures).

To transfer money to the futures wallet, specify the amount that you want to transfer and click on "Confirm". Shortly afterwards, the balance should be added to your own futures wallet.

In this guide, we limit ourselves to trading USDT futures with a maximum leverage of x125. For this you buy directly when transferring our currency USDT (TetherUS) or exchange the cryptocurrencies in the conventional way on the Binance exchange for USDT.

The first time you try to access a futures wallet or directly to the futures trading platform, you will receive a message about the risks associated with trading and you will then have to click the "Open now" button to activate your futures account .

In order to be able to use the platform, one must first transfer money from one's own Binance main account to the futures account. To do this, click on the menu under "Wallet", then on "Wallet Futures" and then on "Transfer".

How to start trading with leverage on Binance Futures

After you have accepted the terms and conditions and clicked on the registration, you will receive a confirmation e-mail. The registration must be confirmed by e-mail. It is recommended and very important to set 2FA security (Google Authenticator) on your own Binance account in order to protect your own credit. To find this function, select the security options on the top right of your own account and select 2-F authentication. This option must then be activated.

At this point, all that remains is to deposit funds and begin the trading adventure.

To send money to the Binance platform, go to the Wallet tab, select Spot Wallet and the payment method. It is possible to transfer funds in the form of cryptocurrencies as well as traditional currencies. A traditional bank transfer as well as Visa and MasterCard can be selected as payment methods. Then you immediately receive an email from the exchange confirming that the deposit is already visible on the platform. The minimum deposit is (5 euros) so everyone can try.

Binance has prepared simple step-by-step instructions on how to deposit money into the wallet.

One can use it by going to the Binance website now, with the one given here:  CLICK

Here you enter your email address, the password and the referrer ID. Here you can enter our ID: 44762699 to support the development of this website. When trading on the Binance platform, you receive a 10% discount on all commissions. Also check the required field to confirm that you have read the website's terms and conditions.

After filling in all the fields, you come across a simple puzzle. The puzzle must be moved to the right place with the slider.

This is about elimination of bot registration.

Registering with Binance is very easy and the entire process takes a few minutes. To start the registration process, go to the website of the exchange. A registration box will appear.

LINK:   CLICK

How to create an account on the Binance exchange

When you open a position, part of the account balance is blocked by the exchange - as security for funds borrowed from the exchange, for trading with leverage. If the transaction is successful and the position is closed at a profit - the collateral (along with the profit) is returned - minus the transaction fees.

The same applies to the situation when you want to close a position in order to reduce losses. However, if it went in the opposite direction to which it was intended and you do not close it in time, the position will automatically be closed and the security liquidated when the price reaches a certain price. It is the so-called position liquidation price. All this data depends on the size of the balance, the size of the position and the size of the lever. You can also see the liquidation price directly on the Binance platform. Both before a position is opened and while it is already open.

On the Binance exchange (at the time of this description) it is possible to trade with leverage with 20 cryptocurrencies. The possible leverage that can be used depends on the cryptocurrency you are trading with. The highest possible leverage is x125 per BTC. For other available cryptocurrencies it is lower, up to a maximum of x75.

All profits and losses are settled in USDT (TetherUS) - this corresponds to the USD. The value of the contracts you open is converted into the cryptocurrency you want to trade in.

When placing a position the trader has two options:

1. Long position, the so-called LONG - Opening this position means that you are anticipating the price increase and want to make a profit by selling the position at a higher price (at the right time held).

2. Short position, the so-called SHORT - Opening this position means that you expect a price decline and want to make a profit by closing the position at a lower price (at the right time held).

Trading with leverage or leverage trading - consists of money (funds) rental, to increase your potential income from a buy or sell transaction (long or short). Thanks to this, you can open positions that are many times larger than the current funds in your stock exchange account.

Example:

You have an account balance of 1 BTC and want to trade with x125 leverage. In this way, you can open a position with a value of 125 BTC. Thanks to this, the profit is multiplied 125 times. Compared to the situation in which you would have taken this position without leverage if the open position went in the direction you assumed. However, you run the risk of losing 125 times as much if your position moves in the opposite direction. Of course, you can place a position for any amount, even as high as $ 1.

Assume that the open position is profitable and the price of Bitcoin has increased by $ 100. So you have earned 100 x 125 BTC (stake: 1 Bitcoin) 12,500 US dollars

The Binance exchange was founded in 2017. It is the largest and one of the best cryptocurrency exchanges in the world. Binance has its own cryptocurrency called BNB - Binance Coin. The BNB is accepted as a means of payment in many other projects, but, however, your main job is to pay commissions for trading on the Binance exchange.

The daily turnover of the exchange exceeds a billion dollars, so it is the dream of every crypto project to get onto this platform with your own coin.

It is currently one of the most popular trading platforms for cryptocurrencies that enables the user to trade on the so-called Binance Futures with a maximum leverage of 125: 1

Thanks to this, we have the opportunity to increase profits, but also on potential losses.

Binance Futures - Getting Started - So you begin Bitcoin Trading with leverage