Futures, part 1
First, let's understand what the futures market is.
Futures are bets you make believing in the rise or correction of a currency.
Now let's understand what leverage is:
leverage is a multiplier, example: I enter with 100 dollars and use 10 times leverage, it would be as if I had 1,000 dollars in capital.
Now let's talk about the risks:
Futures carry a greater risk than the spot market, mainly because you use high leverage, which could result in being liquidated and losing the amount you bet.
Now many will tell me: but Brazuca, for me there is no futures market on Binance.
In Brazil, the futures market is not yet regulated, that is, Binance cannot offer it to you, but here comes the Brazilian way of solving it, go to settings and change the language from normal Portuguese (BR) and put Portuguese from Portugal in the language and confirm, restart binance and the futures market will be released for you, just don't tell anyone, our secret. That's the basics, now I'm going to prepare an article with the operation step by step and bring it to you to understand in practice how it works. #Binance #bitcoin #brazuca $BTC