Before trading futures on Binance, you need to pay a deposit. Here are the steps: Transfer margin assets and select cross/independent margin mode. Select a contract and enter the margin amount (full/partial). Confirm the transaction and your deposit will be deducted.
Binance Futures Margin Payment Guide
Step 1: Transfer Margin Assets
- Log in to your Binance account and go to the "Wallet" page.
- Select the asset for margin.
- Click "Transfer" and select the transfer method (spot wallet, fiat currency transaction, etc.).
- Transfer assets to the contract account.
Step 2: Select Margin Mode
- Go to the "Derivatives" page and select "Contracts".
- In the "Contract Mode" tab, select "Cross Margin" or "Independent Margin".
Step 3: Pay margin
- Select a trading contract.
- Enter the payment amount in the "Deposit" field.
- Click "Full Margin" or "Partial Margin".
Tips:
- The margin amount is affected by the contract size and leverage.
- Margin can be replenished through margin call transactions.
- Insufficient margin may result in position liquidation.
- Paying more margin reduces liquidation risk but limits potential profits.
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