#MemecoinSentiment ChatGPT

📈 What are Futures on Binance?

✅ Futures trading means you are buying or selling a contract that bets on the future price of a cryptocurrency (like BTC, ETH etc.), instead of buying the actual coin.

It allows you to:

Go long (profit if price goes up)

Go short (profit if price goes down)

⚙️ Key Features

Leverage: You can trade with more money than you have. E.g., 10x leverage means with $100 you can trade $1000 worth.

No need to hold actual coins: You trade contracts based on the price.

Can profit in falling markets: By opening a short position.

🚨 Risks

High chance of liquidation (losing your margin money) if market moves against you.

Losses (and profits) multiply with leverage. You can lose more than your initial amount.

✅ Binance Futures offers

USDT-M Futures: Settled in USDT. E.g., BTC/USDT perpetual.

COIN-M Futures: Settled in the crypto itself. E.g., BTC/USD contracts paid in BTC.

Perpetual contracts: No expiry date, you can hold indefinitely (but pay funding fees).

Delivery contracts: Have an expiry date.

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