Main Takeaways
- You should familiarise yourself well with the platform's functionality and all of its features before trading Binance Futures.
- We go over the key inquiries and options you'll run into when trading Binance's perpetual futures product in our tutorial.
- Never forget the dangers involved with trading futures. Before trading futures, make sure you are sufficiently prepared and knowledgeable about how they operate.
There is a lot to learn about futures trading for anyone who is interested. Before getting started, you should thoroughly research your technical trading abilities and the fundamental trading principles. The Binance Futures UI might initially appear overwhelming, but with the help of the accompanying tutorial, you'll soon start to recognise its most important features and elements.
How to Open a Binance Futures Account
You must first have a standard Binance account in order to establish a Binance Futures account. If you don't already have one, visit Binance and select Register in the upper right corner of the page. then take these actions:
- Add your email address, then make a strong password. Put your referral ID in the referral ID box if you have one. To proceed, click [Create Account].
3.Next, sign into your Binance account, click USD(S)-M Futures from the [Derivatives] menu at the top of the page.
4.Your Binance Futures account may be activated by clicking the [Open now] button. Futures goods may now be traded on Binance. Note that before you can use the product properly, you should still become ready and educate yourself.
How to Fund Your Binance Futures Account
You must first ensure that you have cash accessible in your Binance account that you can move over before you can finance your Futures account. Your Funding, Fiat and Spot, Margin, or Options wallets may include these money. We advise reading our How to Deposit on Binance tutorial if you haven't yet put any money into Binance.