@BitlayerLabs،
The difference between USD-M and Coin-M is due to the type of futures contracts used for trading on the Binance platform:
USD-M
1. *USD Futures Contracts*: These contracts are settled in US dollars.
2. *Margin Trading in US Dollars*: US dollars can be used as collateral for trading.
3. *Example*: If you are trading a Bitcoin futures contract in US dollars, your profits and losses will be in US dollars.
Coin-M
1. *Crypto Futures Contracts*: These contracts are settled in the cryptocurrency itself (such as Bitcoin).
2. *Margin Trading in Cryptocurrency*: The cryptocurrency can be used as collateral for trading.
3. *Example*: If you are trading a Bitcoin futures contract in Bitcoin, your profits and losses will be in Bitcoin.
Main Difference
The main difference between USD-M and Coin-M is the currency used for settlement and margin. In USD-M, US dollars are used, while in Coin-M, the cryptocurrency itself is used. This affects how profits and losses are calculated, as well as the trading strategies employed.
