#NFPCryptoImpact

Dealing with futures on Binance platform includes the following steps in brief:

Opening a futures account: Activate a futures account in Binance.

Funding the account: Transfer funds from a regular trading account to a futures account.

Choosing a contract: Choose the futures contract you want to trade (such as BTC/USDT).

Choosing an order type:

Market order: Buy or sell at the current price.

Limit order: Set a specific price to buy or sell.

Choosing leverage: Choose the leverage level that suits you (low to high).

Opening a position: Open a position (long buy or short sell) based on your market expectations.

Monitoring and managing the position: Track the position’s performance and close it when needed to make profits or reduce losses.

Remember that futures involve high risks due to the use of leverage.