In-depth analysis of the cryptocurrency contract! 1️⃣ What is the difference between contracts and spot trading?

Spot: Spend 1000U to buy 1 coin, you can only make a profit if the price goes up.

Contract: 1000U can be used as 10,000U; you can profit from both price rises and falls 💰 but if you're wrong, you will get liquidated! For example, in the bnBTC perpetual contract, if the margin is insufficient, the system will force a liquidation, resulting in a total loss...

2️⃣ Advantages of trading contracts on bn

✔️ Fund security: 98% of assets stored in cold wallets, difficult for hackers to steal

✔️ Transparent fees: Order placement and taker fees as low as 0.02%, much cheaper than smaller platforms

✔️ Real data: On-chain data is synchronized in real-time, eliminating malicious manipulation

3️⃣ Three tips for beginners

❌ Don't use living expenses for trading, at most allocate 1% of total assets for experimentation

❌ Set strict stop-loss limits, for example, automatically liquidate at a 5% loss

❌ Learn candlestick analysis first, bn's trading academy is super useful! #TruthSocial加密蓝筹ETF #币安八周年 #突破交易策略 #美国加征关税 #日内交易策略