I Am Explaining How to Use Futures Trading on Binance in a Quality Way for Complete Beginners (Simple Explanation)đŸŽâš ïžđŸŽ

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How Does It Work?

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💎Activate Your Account: You need to activate your futures trading usage by answering the questions via the link above.

💎Deposit Money into the Futures Account: You can trade by depositing USDT or USDC from your spot wallet into your futures trading account.

💎Choose a Contract: There are various futures contracts available for different cryptocurrencies like $ADA $SHIB $ARB . Set the leverage ratio for the contract you choose.

💎Open a Position: If you think the price will go up, you can give a "Long" order to open a position, or a "Sell" order to open a short position.

💎Close the Position: You can close your position at any time to take profits or limit losses.

💎After gaining some experience, funding rates can assist you in your upward or downward analyses.