I EXPLAIN TO YOU:

How to operate in futures?

Many still do not operate in the futures option because they do not know how it works and fear losing their assets. Here I will give you a summary of its use.

1- how to have liquidity: you must make a transfer from your wallet, it is easy and the system itself tells you, it can be from your spot wallet or from funds within Binance itself.

2- know how you are going to bet: there are 2 types of bets:

1- LONG: which is represented by the color green when we choose the amount of money to place and bet on this option, we are betting that the price will go up depending on how much it goes up and the leverage we place.

2- SHORT: this is represented by the color red and has the same functionality as LONG but in this case we bet that the price will go down and the same thing happens depending on the leverage.

3- LEVERAGE:

If you have 10 dollars and you leverage it by 10 dollars, it means that you are going to work with 100 dollars, which the more you get right, the more you win, but if you don't get it right when the loss is 10 dollars, the position will be liquidated and you will lose your investment.

The platform will not wait for the 100 dollars at stake to be settled since the platform will not lose money, it only lends it and when it sees that it will not make any profits, it will close the position.

This is the reason, for example, in the last price drop, many positions were liquidated because those who bet that the price would rise lost their capital.

I leave you a link so you can check how to work in future ones:

www.binance.info/futures/ref/564250320

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