Binance Futures Trading: Are you a Beginner or a advanced trader?
1. Knowledge and Understanding: Beginner: Limited understanding of market fundamentals and technical analysis. Likely to rely on basic strategies or follow the advice of others. May not fully grasp key futures concepts like margin, leverage, or contract expiration. Advanced: In-depth knowledge of market fundamentals (e.g., supply/demand dynamics, economic indicators) and technical analysis (e.g., chart patt
Futures are a huge risk not only for traders but also for exchanges.
For Binance, this is unprofitable in the long run. Why? Because most people lose money in futures, and when people repeatedly drain their deposits, they simply leave.
Instead of stable and long-term profits, the exchange experiences a user outflow.
It is much wiser to focus on spot trading and other products that provide real benefits to customers and keep them on the platform.