Binance futures trading opening tutorial: 1. Log in and open a futures account; 2. Verify identity; 3. Deposit USDT; 4. (Optional) Activate margin cross mode; 5. Start trading. Note: Contract trading risks are high, so manage risks carefully.
How to open futures trading on Binance
Step 1: Open a futures account
- Log in to your Binance account and click the "Trade" menu at the top of the page.
- Select "Contract" from the drop-down menu.
- Click the "Open Futures Account" button.
- Read and agree to the contract trading risk warning.
- Select the leverage multiple (default 20 times) and set stop loss and take profit orders (optional).
Step 2: Verify identity
Opening contract transactions requires completing advanced identity authentication.
- Click on the “Verification” tab on the Binance homepage.
- Complete all necessary identity verification steps.
Step 3: Recharge funds
Contract trading requires USDT as a margin.
- Click on the “Deposit” tab on the Binance homepage.
- Select USDT currency.
- Choose the appropriate recharge method and complete the recharge.
Step 4: Enable margin cross mode (optional)
Margin cross mode allows you to use assets in all spot accounts as margin.
- Click on the "Assets" tab at the top of the contract trading page.
- Enable "Margin Cross Mode".
Step 5: Start trading
After completing the above steps, you can start trading contracts.
Note:
- Contract trading carries a high level of risk and you may lose all your funds.
- Only trade if you understand the risks of contract trading and have appropriate trading experience.
- Manage your risk carefully and use appropriate leverage.
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