![]() So US traders will need to use other exchanges for futures trading. Futures trading is not available in the US.Binance has trading tools such as Grid Trading, TWAP, Advanced TP/SL, and Multi-Symbols Trading Page for maximum trading efficiency.Ĭons and disadvantages of trading on Binance Futures.This allows more experienced traders to potentially maximise their gains. Traders can start with a minimum trade amount of 0.001 BTC on the BTCUSDT Perpetual market. However, Binance Coin ($BNB) and BUSD holders, and high-volume traders are entitled to discounts, bringing trading fees to as low as 0.0100%/0.0207%. Low trading fees and generous fee structure.Binance Futures have 279 trading pairs, giving traders a wide range of options from popular cryptocurrencies such as Bitcoin ($BTC), to meme coins such as Shiba Inu ($SHIB). ![]() Here are some of the pros and advantages of crypto trading on Binance Futures: According to CoinGecko, Binance has the second-highest trading volume with over US$35 million being traded in 24 hours. Binance futures trading fees (Source: Binance)Įxtra discount! Enjoy 20% off fees when signing up for Binance with the following link! Pros and advantages of trading on Binance Futuresīinance is one of the leading cryptocurrency exchanges. VIP 9 users enjoy a maker/taker fee of 0.00%/0.017% for USDⓈ-M futures trading, and for COIN-M futures, the maker/taker fee is -0.009%/0.024%. VIP 9, users must have a past 30-day trading volume of over 25 billion BUSD and hold over 5,500 BNB. For regular users, the maker/taker fee for USDⓈ-M futures trading is 0.02%/0.04%, and for COIN-M futures, the maker/taker fee is 0.01%/0.05%. “Regular users” are traders with a past 30-day trading volume of less than 15 million BUSD or hold 0 BNB. Users who use BUSD, Binance’s USD stablecoin, or BNB for settling fees are also rewarded with lower trading fees. ![]() Therefore, maker fees are usually lower than taker fees.īinance also has a 9-tier VIP structure which offers progressively lower fees for users with high trade volume and substantial BNB holdings. As maker trades add volume to the order books and thus “make” the market, it is in an exchange’s interest to have more of these orders. The fee charged depends on which type of trade. Taker trades are executed immediately before entering the order book. Maker trades are orders that go on the order book partially or fully e.g. Binance Futures trading feesīinance uses a maker-taker fee structure. Points can then be used to earn further rewards. ![]() Players will still gain points regardless of whether they win or lose. Then, you will be matched with another player who predicted in the opposite direction. Other traders can follow these top traders and see what positions they are holding, as well as copy their trades.įor traders who are more competitive, Binance Futures has a battle mode where you can guess whether prices will rise or fall within the next 1 or 5 minutes. These are perpetual or quarterly contracts settled in USDT/BUSD, or cryptocurrency respectively.īinance Futures also has interesting features such as a leaderboard, showing traders with the highest ROI or PNL. Binance Futures offers USDⓈ-M Futures and COIN-M Futures. It has 279 trading pairs and has the second-highest 24-hour trading volume amongst all crypto derivative exchanges. Learn more about crypto futures trading with our guide- Crypto Futures Trading: What is it? What is Binance Futures?īinance Futures allows users to trade crypto futures contracts on Binance. On the other hand, a trader going “short” means they are hoping prices will drop. And if the value of the cryptocurrency does increase, the long trader would profit. Going “long” means that a trader purchases a futures contract expecting it would increase in value in the future. Traders use futures trading to profit from market movements by going either “long” or “short” on a futures contract. What is crypto futures trading?Ĭrypto futures contracts create an obligation for parties to exchange the asset at a predetermined price and date. On most cryptocurrency exchanges, however, the parties can settle for the cash equivalent. The Binance ecosystem includes Binance exchange, BNB Chain, Trust Wallet, Binance card, and other services. It has over 2 billion average daily volume and 72 million site visits daily. Make a deposit into your Binance accountīinance was launched in 2017 and is arguably the world’s most popular centralized cryptocurrency exchange. How to start trading on Binance Futures.Cons and disadvantages of trading on Binance Futures.Pros and advantages of trading on Binance Futures.
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