Binance Charges

What are the Benefits of Binance?

The largest leverage available on Binance Futures is 125x. Compared to other futures markets, this one has a higher number, and you can employ an effective investment technique. One Bitcoin costs a lot of money to purchase immediately. Assume that 10 million won equals one bitcoin. If an investor only has 80,000 won in 바이낸스 Futures, using 125x leverage would allow them to manage their investment and buy 10 million won with just 80,000 won. Additionally, a wide range with a high maximum leverage allows for a variety of responses depending on the circumstance.

How are Binance Futures used?

You must be familiar with the fundamentals of using Binance Futures before you can trade on it.

Margin trading is dependent on the investment, but because it involves leverage, it calls for a suitable response throughout the investment.

Type of Gift Order –

In Binance Futures trading, there are 6 different types of orders.

  1. Limit order
  2. Market order
  3. Stop-limit
  4. Stop-market
  5. Tracking stop loss

When placing a stop-limit order, for instance, the stop order becomes the limit price when the order is put at a price higher than the current price, and the limit order becomes the limit price when the order is set at a price lower than the current price. The opposite is selling.

Binance Charges

Similar to a stop-limit order in concept, a stop-market order is executed at the current market price.

You can automatically change your Stop Loss when your position is profitable by tracking your stop loss orders. When the chart’s flow is clogged, risk can be controlled.

The trade is liquidated when the balance drops below the maintenance margin (margin call). The balance in your Binance Futures account is referred to as “balance.” The bare minimum needed to hold a position is called a maintenance margin. The size of the location determines this. Significant positions require large maintenance margins. If you invest 10 million won in standard spot trading and have a 50% loss, you lose 5 million won. But presents are different. With a 10 million won margin and 10 times leverage setting, it will be worth 100 million won. However, even with a 10% loss in this situation, you risk losing all of your margin. On the other hand, it is clear that the profit is likewise substantial. They discovered position liquidation (margin call).

You May Also Like

More From Author