Did you know you can
#endeudarte in
#Binance ?
If so. If you trade with margin (
#MarginTrading ) or futures (
#FuturesTrading ), be careful if you don't know how to use these functions. Don't even glance at them.
⚠️ Margin trading (
#MarginTrading ) lends you money to trade with more capital than you have. You must put up collateral. If the market moves against you, Binance could sell your collateral.
⚠️ Futures ( ➡️ Futures trading ⬅️ using leverage means you are betting with money you don't have. If the market moves against you, you can lose everything in one go.
🚫🚫🚫 Do not activate ➡️ Margin trading ⬅️ or ➡️ Futures ⬅️. Only use a SPOT account. You can enable the no leverage mode in settings.