Futures contracts on Binance are agreements to buy/sell an asset (such as Bitcoin) in the future at a price determined today. You can speculate on the price (up or down) without owning the asset, using leverage (multiplying profits and losses).
# **The two main types:**
1. **Perpetual Contracts:** No expiration date.
2. **Quarterly Contracts:** Expire every 3 months.
**How to get started?**
- Choose the contract (like BTC/USDT). #BTC☀
- Click **Long** (if you expect the price to go up) or **Short** (if you expect the price to go down).
- Set the leverage and margin (be careful of liquidation!).
### **Tip:**
Use a **Stop-Loss** and avoid high leverage like 10x for beginners.
🚨 **Warning:! Start with small amounts.