[00:05] diving into Binance Futures, one of the largest and most trusted platforms for leveraged crypto trading. With deep liquidity across hundreds of perpetual liquidity across hundreds of perpetual pairs and leverage up to 125 times on
[00:18] selected contracts, Binance gives you all the tools you need to maximize your trading potential. If you're brand new, hit the referral link below. It will automatically apply the current welcome bundle so you can start with fee rebates
[00:30] or bonus funds from the rewards hub. A quick refresher. A perpetual future tracks the price of an underlying asset but never expires. You can go long if you expect the price to rise or short if you think it will drop. Since you're
[00:42] trading contracts rather than the coins themselves, you can set your leverage anywhere from one times up to the maximum your trading pair allows. On Binance's USDT margined contracts, profits and losses settle in USDT. Let's
[00:56] get you started in under 5 minutes. Open binance.com, tap register, and create your account using your email. Don't forget to enter the invite code from the description, you'll thank yourself later. From the
[01:09] top menu, select deposit and tap deposit crypto. Pick USDT for example, choose a wallet, copy the address, [music] and send your funds. On faster chains,
[01:21] [music] so you'll be ready to trade almost instantly. Head to futures from the main menu. The interface is intuitive. Market selector and chart in the center, live order book and depth chart on the right,
[01:35] >> [music] >> The order panel lets you choose market or limit orders with an easy quantity box. Right above, you'll find the leverage control. Drag the slider or type your desired value from a cautious
[01:49] one times to the maximum supported by your pair. Next to it is the margin mode. Cross uses all your USDT to back every open trade, while isolated limits risk to that [music] single position. If you're a beginner, always start with
[02:04] isolated. Say you're bullish on Ethereum, select the ETH pair, choose limit, enter a price below spot, and set your order size, maybe $100. Check your liquidation price. If it's too close, reduce your leverage and make sure
[02:18] you're using isolated margin. Add a stop loss a few percent below and a take >> [music] >> Click buy long, confirm, and your order will appear under open orders. Once filled, [music] it moves to positions
[02:32] showing real-time P&L. If you forgot to set stop loss or take profit, [music] just click the TPSL button in the positions tab and add them later. Binance keeps these as conditional orders, so they'll execute even if
[02:45] funding rate countdown above the order book. If longs are dominant, they'll pay shorts at the next interval or vice versa, still every 8 hours for most Keep the small fee in mind for multi-day trades.
[02:59] Closing your position is just as simple. Use market to close instantly or limit possibly pay lower maker fees. And if you didn't know, the fee is multiplied by the leverage size. Exchanges bill that charge twice, once when you open,
[03:13] once when you close, so over time it eats a nasty [music] hole in your P&L. order you drop into the book on Binance costs less, so be sure to place limit If you still do not understand what futures trading is and how to make money
[03:29] this. For example, Bitcoin costs $100,000 and you have only $100. And for example, you take times 125 leverage. So, you buy Bitcoins for $12,500. Then, Bitcoin rose to 125,000.
[03:46] Then, Bitcoin rose to 125,000. You close the deal, and you get $3,125 is one thing. If this price drops to 99,200, you will lose your $100. So, it's very risky to trade here. You can minimize
[04:02] the risks by setting stop losses and take profits. You set a stop loss value to prevent the loss of all your money, like if the price drops to $99,850, you will lose only $20 instead of $100 and you'll be able to continue trading.
[04:17] Take profit is the price when the order closes automatically. You need this so price. And before we wrap up, if you're looking for another exchange to explore, check out [music] Week's. Week's offers a huge selection of trading pairs,
[04:30] a huge selection of trading pairs, strong liquidity, and no KYC access for basic use. New users can also unlock rewards of up to 10,000 USDT. You can find my Week's link below if you want to check it out.