FuturesTrading-Howdoesitwork?

Futures are the derivative products that let the crypto traders trade upon a projected future price of any crypto asset. The best part about futures contracts is that it allows traders to bet on the price of cryptocurrencies without even buying them.

Whenever you look at the process of crypto futures trading on Binance, you will understand how similar it is. Futures contracts are not same as the spot trading as they are not operating with any underlying asset, but only with the price action.

Why should I trade on Binance Futures trading platform?

There are a few reasons why trades should consider Binance Futures trading: Opening a leveraged position Shortening BTC and many other popular cryptocurrencies Trade without owning funds due to leverage Binance Futures also supports margin trading, spot wallet, and P2P trading.

To start trading on Binance Futures, the traders are required to open an account on the Binance exchange.