How to Trade Futures on Binance With Just $10 — Step-by-Step Guide
Hey traders, it’s Chart Monk back with a quick tutorial on how to start trading Binance Futures even if you only have $10! 💰
Futures trading lets you amplify gains by using leverage, but it comes with risks — so start small, learn the ropes, and trade smart. Here’s a step-by-step to get you going:
Step 1: Fund Your Futures Wallet
Transfer $10 from your Spot Wallet to your Futures Wallet inside Binance.
Go to Wallet > Futures > Transfer and input the amount.
Step 2: Choose Your Contract
Pick a contract like BTCUSDT or any altcoin pair you want.
Start with USDT-margined contracts to avoid complexity.
Step 3: Set Your Leverage
Use low leverage to reduce risk (1x to 5x recommended for beginners).
Adjust leverage by clicking the leverage icon on the trading screen.
Step 4: Place Your Order
Decide between Limit Order (set your price) or Market Order (buy instantly).
Enter the quantity based on your $10 budget.
Step 5: Set Stop-Loss and Take-Profit
Always protect your capital by setting stop-loss orders.
Set take-profit levels to lock in gains.
🔔 Pro Tip: Use the Binance mobile app for quick trades and enable notifications for price alerts.
Ready to give it a try? Click here to start trading futures:
Trade Futures on Binance
Drop your questions or share your first futures trade below! Let’s level up together.
