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FuturesGame

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CryptoWithRusty
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🎯 NEWBIES, THIS ONE’S FOR YOU! 🚀 Binance Futures Trading Challenge is LIVE — and it's dropping a massive 50,000 USDT prize pool 💰 🟡 Trade USDⓈ-M Futures 🟢 Learn the ropes, climb the leaderboard, and win BIG 🟣 Noobs welcome. Bragging rights included. 👇 Let’s talk 👇 💬 Are you joining the challenge? ⚔️ What pairs are you trading first? 📈 Tips for surviving your first futures position? This is your shot to test your strategy without being a whale 🐳 Let’s hear your plan, your fears, your alpha. Drop it all below! ⬇️ #BinanceFutures #NewbieChallenge #cryptotrading #FuturesGame #CryptoWithRusty
🎯 NEWBIES, THIS ONE’S FOR YOU!

🚀 Binance Futures Trading Challenge is LIVE — and it's dropping a massive 50,000 USDT prize pool 💰

🟡 Trade USDⓈ-M Futures

🟢 Learn the ropes, climb the leaderboard, and win BIG

🟣 Noobs welcome. Bragging rights included.

👇 Let’s talk 👇

💬 Are you joining the challenge?

⚔️ What pairs are you trading first?

📈 Tips for surviving your first futures position?

This is your shot to test your strategy without being a whale 🐳

Let’s hear your plan, your fears, your alpha. Drop it all below! ⬇️

#BinanceFutures #NewbieChallenge #cryptotrading #FuturesGame #CryptoWithRusty
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Bearish
💸 Where Does Your Money Go When You're Liquidated? 😵‍💫 😭 Let’s break it down! 👇 1️⃣ The Exchange (e.g., Binance) collects the liquidation fee, which is taken from your collateral. 💰 2️⃣ Other Traders (on the opposite side of your trade) may profit because your position is sold to cover their gains. 📈 3️⃣ Insurance Fund: If there’s extra collateral after covering losses and fees, it goes to the exchange’s insurance fund to protect against extreme market events. 🛡️ 💡 In short, the exchange and the counterparties are the winners: Binance takes the fee, and opposing traders secure their profits! 🚀 #cryptotrading #FuturesGame 🌱
💸 Where Does Your Money Go When You're Liquidated? 😵‍💫 😭

Let’s break it down! 👇

1️⃣ The Exchange (e.g., Binance) collects the liquidation fee, which is taken from your collateral. 💰
2️⃣ Other Traders (on the opposite side of your trade) may profit because your position is sold to cover their gains. 📈
3️⃣ Insurance Fund: If there’s extra collateral after covering losses and fees, it goes to the exchange’s insurance fund to protect against extreme market events. 🛡️

💡 In short, the exchange and the counterparties are the winners: Binance takes the fee, and opposing traders secure their profits! 🚀

#cryptotrading #FuturesGame 🌱
My 30 Days' PNL
2024-12-12~2025-01-10
-$551.05
-34.15%
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