[00:00] welcome back to another video from the crypto market updates channel this is your first time to the channel make sure to smash up the like subscribe to the channel hit the little bell notification button so you don't miss any other videos from the channel when I publish them
[00:16] today's video will be a short tutorial on how to set up your very own mock trial mock trading station on the binance platform and for that particular instance we'll be using we'll be
[00:32] trading in futures futures trading so this is i'm going to show you how to set up your mock futures trading studio or account or platform how to set up your mock trading
[00:44] first of all you will need a binance account if you don't have a binance account then i suggest you follow the link below the video you can set up your your binance account very quickly
[00:56] and easily and you'll be on your way with binance once you are in binance you go to the main page this is the main page of binance you will go into their different options here is trading you will
[01:10] go into derivatives you want to go into usdm futures before you start trading futures i highly suggest if that's something you want to do of course make sure you learn about
[01:22] futures binance has some good tutorial videos on how to start trading in futures but I would suggest to try to set up the mock trading account before you do start trading for real so you go into the binance features you can see the menu has changed here to binance futures and then you simply go into your account
[01:47] and you go scroll down and then you will have an option for mock trading that's where you go and this will take you to the mock trading setup you will have to log in and basically we'll have
[02:03] to create your a new login password and and you can use the same email or you can use any other email that you have but the account starts off with three thousand dollars right now i have three
[02:18] $330,336. I've been trading a little bit and I've made a little profit. Right now I have an open trade which is bouncing between plus and minus as you can see right here but this is all in good fun.
[02:34] Yeah this gives you a chance kind of to practice trading and see what Binance futures is like without the risks involved in losing all your money. So there you go that's how you can do it very quickly and easily and uh you'll thank me later so yeah make sure to smash up the likes
[02:50] subscribe to the channel and i hope that this short very quick tutorial will help you um practice a little bit more on how to trade futures with binance make sure to smash up the likes again bye