๐ฐ #Futures Trading on Binance โ A Beginnerโs Guide (With BTC & SOL Example)
Do you want to know how Futures Trading works on Binance? This post is just for beginners๐
๐ What is Futures Trading?
In Binance Futures, you only speculate whether the price of a coin will go up or down โ you do not buy the coin itself.
๐ง Example:
๐ BTC is currently at $70,000
โ You think it will go up
โ You go โLongโ
โ If BTC goes to $72,000 = you make a Profit
โ If it drops to $68,000 = you incur a Loss
๐ You can do the same with major coins like SOLANA (SOL), Ethereum (ETH)
๐ฐ Minimum Capital: Starting with just $10 is possible
โ๏ธ Leverage: Donโt exceed 2xโ5x for beginners
โ ๏ธ Risk Warning:
โ You can lose all your money in Futures
โ Over-leverage and trading without a Stop Loss is very risky
โ Avoid panic trading โ always proceed with a strategy
โ Tips for New Traders:
โ๏ธ Use "Isolated Margin", not Cross
โ๏ธ Trade only in coins you can read the chart for
โ๏ธ Always set Stop Loss and Take Profit
โ๏ธ Start only with coins like BTC, ETH, SOL
๐ Remember โ Profitable trading in Futures happens only when there is knowledge and discipline.
