Muzan Crypto
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$BNB
Before starting futures trading, some technical terms are important to learn.
Isolated: In an isolated margin, only a certain portion of your funds is set aside and at risk for a particular trade. This means that if you trade with 20 Doge in isolated margin mode, only those 20 Doge are at risk of liquidation.
Leverage: Leverage on Binance is a tool that allows users to trade with amounts larger than what they have in their account. Leverage on Binance Futures can reach up to 125x on some pairs. For new users on Binance, the maximum leverage available is currently 20x.
BBO: BBO (Best Bid and Offer) is a trading feature on Binance that shows the best available prices for buying and selling an asset. BBO helps traders find the best prices to trade at, and can also help them assess market liquidity.
GTC: GTC stands for "Good 'Til Canceled" and is a type of order on Binance that remains active until it is filled or canceled. GTC orders are a common option for cryptocurrency trading platforms.
RO: A reduce-only (RO) order on Binance is a type of order that can only reduce or close a position, and cannot open a new position in the opposite direction. This helps traders avoid overtrading and accidentally opening new positions.
Prep: Perpetual Protocol is a decentralized finance (DeFi) platform that allows users to trade cryptocurrencies with leverage via perpetual futures.
Buy/Long: On Binance, "buy long" is a trading strategy where a user buys an asset in the hope that its value will increase over time. The goal is to profit from the difference between the purchase and sale price.
Sell/Short: Selling short on Binance is a trading strategy that involves selling an asset at a high price and then buying it back at a lower price. This strategy is also known as short selling.
Before starting futures trading, some technical terms are important to learn.
Isolated: In an isolated margin, only a certain portion of your funds is set aside and at risk for a particular trade. This means that if you trade with 20 Doge in isolated margin mode, only those 20 Doge are at risk of liquidation.
Leverage: Leverage on Binance is a tool that allows users to trade with amounts larger than what they have in their account. Leverage on Binance Futures can reach up to 125x on some pairs. For new users on Binance, the maximum leverage available is currently 20x.
BBO: BBO (Best Bid and Offer) is a trading feature on Binance that shows the best available prices for buying and selling an asset. BBO helps traders find the best prices to trade at, and can also help them assess market liquidity.
GTC: GTC stands for "Good 'Til Canceled" and is a type of order on Binance that remains active until it is filled or canceled. GTC orders are a common option for cryptocurrency trading platforms.
RO: A reduce-only (RO) order on Binance is a type of order that can only reduce or close a position, and cannot open a new position in the opposite direction. This helps traders avoid overtrading and accidentally opening new positions.
Prep: Perpetual Protocol is a decentralized finance (DeFi) platform that allows users to trade cryptocurrencies with leverage via perpetual futures.
Buy/Long: On Binance, "buy long" is a trading strategy where a user buys an asset in the hope that its value will increase over time. The goal is to profit from the difference between the purchase and sale price.
Sell/Short: Selling short on Binance is a trading strategy that involves selling an asset at a high price and then buying it back at a lower price. This strategy is also known as short selling.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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