Home web3.0 How to sell on Binance Futures

How to sell on Binance Futures

Jul 02, 2024 am 11:06 AM
Binance usdt trading platform

The steps to sell assets on the Binance Futures trading platform are as follows: Log in and enter the futures trading interface. Select the contract pair to sell. Select the sell type (limit or market order). Enter the sell quantity. If selecting a limit order, enter a target price. Click "Sell".

How to sell on Binance Futures

How to sell assets through Binance Futures

Step 1: Enter the contract trading interface

  1. Log in to Binance’s official website or mobile app.
  2. Click "Contract" on the navigation bar.

Step 2: Select the contract pair

  1. In the contract trading interface, select the contract pair you want to sell.
  2. For example, if you hold a BTCUSDT contract, enter "BTCUSDT" in the contract pair search bar.

Step 3: Select the selling type

  1. There are two selling types: limit order and market order.
  2. Limit Order: You specify the price at which you wish to sell.
  3. Market Order: Sell immediately at the current market price.

Step 4: Enter the selling quantity

  • Enter the number of contracts you want to sell (i.e. how many contracts you hold).

Step 5: Sell Contract

  • If you choose Limit Order, please enter your target price.
  • If you choose Market Order, please click "Sell" directly.

Tips:

  • Check your position: Before selling, please make sure you check your position to confirm the quantity you want to sell.
  • Set take-profit and stop-loss: When selling, you may consider setting take-profit and stop-loss orders to manage risk.
  • Understand contract risks: Contract trading involves high risks. Before trading, please be sure to understand the risks and take appropriate risk management measures.

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