What is Live Trading on Binance Square and How Does It Work?

1. What is Live Trading?

Live Trading is a new feature on Binance Square that allows users to watch real-time market insights and instantly copy trades shared by traders during live audio sessions. This feature integrates live commentary, strategy sharing, and trade execution into one seamless experience.

2. How does Live Trading work for users?

Users can join livestreams on Binance Square and listen to traders explain their strategies and view trades shared during the session. By tapping on a trade card, users can access detailed information and execute their own Spot or Futures orders directly from the stream without leaving the session.

3. How can creators benefit from Live Trading?

Creators can share their trading strategies during live sessions, pin trades as strategy cards for viewers to follow, and earn up to 50% in commission on trading fees when users replicate their trades. To access this feature, creators need at least 1,000 followers on Binance Square.

4. What are the requirements for creators to use Live Trading?

Creators must have a minimum of 1,000 followers on Binance Square to unlock the Live Trading feature. Once enabled, they can share up to 100 Spot or Futures trades during a live session and earn commissions on copied trades.

Traders can also join the Binance Square Live Trading Incubation Program. If you're an experienced trader who wants to stream trades and earn commissions but lacks 1,000 followers, join the program for exclusive benefits and future access. Join by filling out this application form.

5. What types of trades can be shared during a Live Trading session?

Creators can share both Spot and Futures trades during their live sessions. These trades appear as strategy cards within the livestream, allowing users to view and replicate them easily.

6. Is Live Trading available in all regions?

Live Trading is part of Binance Square, and availability may vary by region.

7. How can I get started with Live Trading?

• For Users: Simply join a trading livestream on Binance Square, listen to the trader's insights, and explore the trades shared during the session. You can then place your own trades directly from the stream.
• For Creators: Start an Audio Live session on Binance Square. Learn how by following this guide.

8. What are the risks associated with using Live Trading?

As with any trading activity, there are inherent risks. Cryptocurrency prices are subject to high market risk and volatility. Users should only invest in products they are familiar with and understand the associated risks. It is advisable to consult an independent financial adviser before making any investment decisions.

9. What trades does Binance support in Live Trading?

The following trades are supported via Live Trading:

• Currently, only regular limit and market orders are supported; orders with take profit and stop loss are not supported.
• For Futures, only USD-margined open orders are supported at the moment.
• Orders and positions will default to displaying quantity/profit and loss values.
• The import process takes some time if they have more than 50 order histories, so please be patient. It is NOT recommended to manually import too many strategies, as this may result in import failure.
• Once the automatic order synchronization feature is enabled, it CANNOT be turned off during the current live session.

10. What trades count towards the trading commission reward?

The following trades will count towards commission rewards:

• Spot and Futures trades.
• Trades mentioned above (question 10 of this FAQ) and executed directly in the live room.
• Trades made within one minute of a user clicking through the pinned token.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.