Binance Futures is a platform that allows users to trade cryptocurrency derivatives - essentially contracts that speculate on the future price of digital assets like Bitcoin or Ethereum. Instead of buying the actual coins, you're trading contracts that reflect their price movements.

There are two main types:

• USDT-Margined Futures: Settled in stablecoins like USDT or USDC.

• Coin-Margined Futures: Settled in the actual cryptocurrency, like BTC or ETH.

Binance also offers features like leverage (amplifying gains or losses), copy trading, and competitions like the Futures Traders League, where users can win rewards based on their performance