Many traders hear about futures contracts, but they don’t know how to start 👇$XRP
What are Futures Contracts?
Futures contracts allow you to profit whether the price goes up or down by opening Long (buy) or Short (sell) positions. But you must know that it is a greater risk than spot trading.
Activating Futures
Open the Binance app.
From the homepage, select Futures.
You will be asked to pass a short quiz to ensure you understand the risks.
Deposit Balance
You can transfer USDT from your spot wallet to your Futures wallet.
Always start with a small amount (for example, $10–20).
Choosing the Pair
Type the name of the currency (like BTCUSDT or PEPEUSDT). Choose the leverage. Tip: For beginners, do not use more than ×5. Risk Management Place a Stop Loss order to protect your balance.
Never invest more than you can afford to lose.
With these steps, you can start experiencing futures trading safely. Remember: Trading is an art + Risk Management = Success.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
