Binance has launched futures trading available through various exchanges like TrailingCrypto, allowing traders to use leverage and open long or short positions on multiple cryptocurrencies. This trading approach provides opportunities for profit without the need for large amounts of capital, as it enables hedging to manage risk and offers flexibility with perpetual contracts that don't have expiration dates. To participate, users must create a Binance account, verify their identity, and transfer funds to the futures trading wallet.

1. Binance
Futures
Trading On
TrailingCrypto
Platform

2. Recently Binance launched Binance futures trading
which is available through many exchanges such as
TrailingCrypto. The Futures trading lets traders
employ leverage as well as open both long and short
positions. Currently, there are several
cryptocurrencies in the market offering traders
numerous opportunities for making money. Most
exchanges usually specialize in spot and fiat currency
products but Binance is now offering more which
includes futures markets.

3. With Binance futures trading you can make more money by using
leverage to accurately predict market movements. Leverage is an
important tool in predicting market direction thus helping traders
earn more. There are several cryptocurrencies that Binance
futures support besides bitcoin which is the most popular trade
on the platform. Others include Ripple, Ethereum, Bitcoin Cash,
Stellar, Cardano, Tron, EOS, Litecoin, and Chainlink.

4. There are various reasons why Binance futures are
important. To begin with, you will be able to use leverage in
trading in that you will even trade without owning funds.
Secondly, you can short the cryptocurrencies by hedging
your positions and thus boosting your risk control to avoid
losses in bearish conditions.
Since you can use leverage there is no need to have large
amounts of cryptocurrency. Most importantly
TrailingCrypto doesn’t lock trader funds meaning that one
can place several orders on the same balance or funds and
the order that will execute first utilizes the funds.
Importance of Binance futures trading

5. In Binance futures trading perpetual contracts are
employed and they are somewhat different relative to
conventional futures contracts. Interestingly these
contracts do not have a predetermined settlement and
expiry date. They depend on the spot index price meaning
traders can exit the contracts at will. In simpler terms, it
means that there is no obligation from the buyer or seller of
the contracts to purchase or sell the asset at a
predetermined date but can instead exits their positions at
any time.
Understanding Binance futures

6. Before you start Binance futures trading you will need to
open a Binance account which requires identity verification
due to the KYC requirements. You then load your account
with funds and transfer them to the futures trading wallet.
Click on the “Futures” option on the navigation menu to pick
the futures option. Under the “Transfer” tab you can
transfer funds to the futures account and begin exercising
your trade.
Trading finance futures

7. Thank You