Security Of The Binance Futures Exchange This is especially important if you're day trading because the fees can pile up pretty quickly. One of the most important things to consider when choosing a futures platform is trading fees.
After that, use futures as a reference code to get 10% off Binance futures fees for the first days of trading. As soon as you press the market button, your position will be closed and you will see the money being returned to your margin profile.Īs a limited-time offer, Binance is offering new users a 20% promotion on all trading fees if you use this referral code to register a new profile. So if the price doesn't move in the way of your trade, the network will use your remaining capital as security. Keep in mind that the entire amount in your futures wallet is used as a guarantee. This is the price at which your place will be liquidated due to an insecure margin. Compared with a limit close, you can set the price at which you want to close the position.Īs you can see, the position tracker also includes a liquid price. A market close is instant and you close at the perfect available price. If you want to close your position, you have two ways. For this guide, we opened a long position with a regular market order. Once your position is opened, you can check its status.
#Binance referral code we both get how to#
Now that we've gone through some of the rules, let's dive deeper into futures on Binance and how to trade them with referral codes. Therefore, margin trading is usually not recommended for beginners, but rather for experienced traders with knowledge in this area. However, you should keep in mind that margin is not recommended for beginners as it involves notable risk and you can lose your investment much faster than you would otherwise. No need to hold large amounts of cryptocurrency on the platform because of the leverage.įutures on Binance can be traded with leverage up to 125x. Opening a leveraged place: Trading without actually owning the funds
Hedge your conditions and improve risk handling to protect your crypto wallet during bear markets There are a few reasons one might consider trading Binance futures referral codes: Why Trade On Binance Futures With Referral Codes? Your Binance Futures Referral Code: 48162505 The user experience is equally smooth and trading is very easy. After our first look and some tests, we can say that the exchange is very similar to Binance's spot platform, which makes the transition very easy. Binance futures, allows traders to use leverage and open both short and long-term investments. Binance recently launched a futures trading exchange.
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