Binance Futures Mobile Tutorial for Beginners

[00:02] tutorial on Binance Futures on the mobile app. It's a simple yet complete tutorial if you're a beginner in the futures market and prefer to manage your operations via mobile. This video is for you! I already have the

[00:14] app open on the home page, but before we begin, two quick warnings: if your app's home page looks a little different from mine, it's probably because you're on the Light version. Click on the Binance icon in the upper left corner

[00:28] and then click on Binance Pro at the bottom. Since mine is already on the Pro version, I'll leave it as is. The second warning is that the futures platform will only be available to you in Brazil if the

[00:41] app's language is set to a language other than Brazilian Portuguese. So, let's change the language. For this example, I'll choose Portuguese from Portugal. To do this, click on the Binance icon in the upper left corner, then

[00:55] on the gear icon, select Portuguese, and choose the one below, which is Portuguese from Portugal. We're back on the home page. In Brazil, there are laws against futures trading, so you need to

[01:12] follow this procedure if you wish to trade futures. This warning will always appear on Binance every time you open or come to the app's home page. Just click Now, to cancel, we have the

[01:26] futures tab at the bottom of the app. Let's access it. If this is your first time using futures, a questionnaire will appear for you to answer. Answer it, and don't worry if you make a mistake; Binance

[01:40] will show you the correct option. Just re-select and continue. Once futures are enabled for you, you can follow this tutorial and start trading. Lastly, one more warning: your interface might be a

[01:53] little different from mine, especially if you're using Android, but the difference is minimal, only in the positioning of a few tools. Let's begin. We need capital to trade. Note that at this

[02:05] moment my balance is zero, so we need to transfer funds here. The simplest way is by clicking on this shortcut next to the balance. We will then be directed to the transfer section. I need to bring values ​​here for us to trade.

[02:20] I will choose USDT, which I personally have in my Spot wallet ( known as " carteira à vista" in Portuguese). So, " à vista" is already marked there; I will bring it from there to the futures wallet. As it's already marked at the

[02:34] top, I will choose the currency I will bring, in this case, USDT. Note that Binance will already show me the available value in dollars. show me the available value in dollars.

[02:48] transferring 100 USDT on the spot platform. We click "confirm transfer." The value isn't showing up as available yet because I'm using a USDC parity ticket. Let's choose BTC USDT here, and there you go.

[03:03] Here it shows our USDT available for trading. The great thing about trading with USDT is that you'll have a wider range of cryptocurrency options to trade in futures. Once the balance is here, we'll go to the

[03:16] first step to open the trade, which is choosing the asset. In the upper left, we'll click where the currency ticket is and choose the asset we're going to trade. For today's example, I'll be choosing

[03:29] the stablecoin. Remember that the asset we transferred a little while ago to work with here was the SDT? So we'll be choosing the stablecoin with the we'll be choosing the stablecoin with the

[03:44] currency, we'll go to the second step, which is choosing the trading mode. There are two modes: the cross (or cruise) and the isolated mode. The isolated mode literally isolates a... The margin you allocated for the

[04:01] operation means that in case of liquidation, you will only lose the margin you placed on the trade. The Cross mode, however, will make the entire balance of your futures portfolio available as margin for the operation. Therefore, if you don't know what you

[04:16] 're doing, there's a high possibility you'll lose all the capital in your futures bankroll. So I recommend beginners always use the isolated mode. I'll keep it isolated and click confirm. The third step is

[04:29] choosing the leverage for the operation. Leverage is a tool that allows you to maximize your gains and also maximize your losses. As a simple example, if we work with 1x leverage, it's

[04:43] basically an operation without leverage. That is, if I put $1 into the operation, Binance will open an operation for me using the $100 of my balance. However, if I using the $100 of my balance. However, if I put a leverage of 10x and open the

[04:58] same $1 operation, Binance will only use $10 of my balance but will open a position of $1 size. In other words, you can leverage yourself and work with a value

[05:12] greater than you have, but the higher your leverage, the smaller your margin will be to be liquidated. The last example I just mentioned is the example I just mentioned is the 10x leverage operation. If the trade goes against you by 10%, not

[05:26] all of it (about 99.5%), due to broker fees and margin, Binance will liquidate your position and you will lose the entire allocated amount, in this case,

[05:38] entire allocated amount, in this case, $1. So be very careful with leverage. For today's example, let's use 10x. I'll click confirm. Once know if we are facing a

[05:50] long or short operation. Long is like betting on the asset going up by buying, while short is betting on the asset going down by selling. For example, let's buy, but before opening any operation, I need to choose what type of order I

[06:05] will be entering in this operation: a limit order or a market order. There are several other orders you can select, but since the objective of this video is to teach beginners, you would probably get

[06:20] quite confused if we covered all types of orders here. I will only teach you the necessary ones, which are market orders and limit orders. But you can gradually learn the concept of them in the

[06:34] Binance app itself. Binance: In your first trades, use a smaller capital since you 'll be testing the application. In short, regarding a limit order, Binance will place an order in the order book, and it will only be executed if the asset

[06:47] you selected as your entry point. The second most common way to enter a trade is with a market order. This will place you in the trade immediately, executing the order in the order book that is closest to the

[07:01] current price of the asset. If you are in your first movements here in futures, every time you click on the new order template, you will receive this informational card that will teach you more about each type of order. I recommend you

[07:14] study them. But I'll tell you in advance that the orders you will use most will be the market order and the limit order. For this example, I will be opening the order in the way we planned, isolated 10x, buying at market. Let's choose

[07:29] a total value for our trade; I'll put $2. Now that the trade is set up, just click buy, and Binance will open a new trade. We can already track it here in the positions tab. Now that you know how to open a

[07:44] trade, you need to know how to activate it. There are several ways to activate the stop and the target. As this tutorial is dedicated to beginners, I will cover the two most practical methods, one of which I use in the vast majority

[08:00] of my trades. Since we have an open position, let's start with the simplest way to place the stop. Just go to the open position and click on TPSL. Our entry point was in the 0.166 region. Let's assume our

[08:15] Stop is in the 2.015 range. Then we fill in this value in the tab above. Once filled in, Binance will inform me how much I will lose if the stop is hit, here in estimated gains and losses. Now we just need to

[08:30] confirm and that's it. We can even check this order by clicking here on open orders. Going back to positions, I intentionally left a Stop programmed below my

[08:44] liquidation price. Notice here in this lower right part, the liquidation price is 0.101. Since I placed the stop below this value (0.15), in this scenario the price would hit my liquidation price before my Stop is hit. This cannot

[08:58] happen; our Stop price must be above the liquidation point, otherwise we will not be successful. These are liquidated positions if the asset price reaches that liquidation price range. If you still don't understand liquidation,

[09:12] go back to the part of this video where we discuss leverage. Now we're going to set a target for our operation. There's the option to set this target through the TPSL tab, which is Take Profit Stop Loss. There, we activate both the Stop and the

[09:24] target. But we can also click here to close at this exact moment. Just leave this option here in Market, select the percentage Market, select the percentage you want to exit the operation, whether it's 25,

[09:37] you want to exit the operation, whether it's 25, 50, 75, or 100%, and click Confirm. Or we can also place an order in the order book as a target; just type in the value of as a target; just type in the value of our target. I'll put a target here of

[09:50] 0.19. If the asset reaches this 0.19 range, Binance will close my position, and I'll have an estimated PNL of about $8 in this example. We click

[10:02] Confirm, and that's it. In Open Orders, you'll now see the target order and the Stop order. We've just seen the programming of the Stop and the Target individually, but we can also program both at the same time, as

[10:17] I did. I told you, for example, I'm going to cancel all

[10:29] SL. On this first page, where we initially fill in the stop, we can set a target or a stop, and for this target, we can stop or partially execute our operation by simply selecting the percentage

[10:44] below. However, if we go to this other tab here, TPSL position, we will be programming the orders to execute or stop the position completely. Here, we just need to fill in our target 019

[10:59] and the stop that we planned. Now I'm going to put a correct stop 012. This is now above our settlement point. Now we just need to

[11:11] confirm. We can check in open orders or here in the open orders or here in the operation itself, at the bottom in TPSL, our stop and target that are already programmed. Now I'm going to close everything, and

[11:24] let's study the second way to place the stop and the target. This is directly on the screen when we are opening the operation. For this example, I will place a limit order. Let's suppose I found an entry range in the DOJ

[11:38] found an entry range in the DOJ for buying around 015, so I fill in the entry value 015 here. Notice that this value is... Below the Notice that this value is... Below the current price of the asset, which is 0.166, for this

[11:50] example I will enter again with the amount of 200. I want to program the stop and target before even opening the operation. We can do this by clicking operation. We can do this by clicking here on TPSL Take Profit Stop Loss. In the

[12:03] second tab, we position the stop; for this example, 0.142. If we already have a target, we can also program it in the tab above, Profit Taking. I will put 0.19 for this example. Now everything is

[12:19] filled in. Always make sure to check the details of your operation; in this isolated case, 10x. And that's it. Now we just click on buy. The order has been created. Then I can check here in open orders the entry value, and we can

[12:35] click on TPSL View to observe our programmed stop and target. Note that this time we worked with a limit order, so Binance hasn't opened the position yet. It will only be opened and appear here for positions when the

[12:50] asset price is 0.15, which was the price I left the order at in the order book. An important warning: whenever you are entering a position in futures, always calculate and program your stop. Place your order above the settlement price;

[13:06] otherwise, before it reaches it, you will be liquidated. Trust me, it's better to exit at the stop loss than at the settlement price because you pay less in fees. Now, I'm going to cancel the open orders, and let's quickly open a trade

[13:21] because there are some concepts you need to presented to us when we have an open trade: entry price (the

[13:34] point at which we enter the trade), reference price (the price at which the asset is being quoted at this exact moment), and settlement price (the point at which the asset price will be liquidated, and you will lose all the allocated capital). In

[13:48] and you will lose all the allocated capital). In this example, the balance (the one we can see in the margin) is the value we allocated to this trade. On the left, we can see the size, which is the

[14:00] total size of the trade. In this case, I only used 0% of my capital. I have a only used 0% of my capital. I have a total position of 200, rounding up. This value is even higher than the value I have here in futures, which is 100 that

[14:14] we initially transferred here. All of this is possible due to leverage. On the right, we can see the ROI, which is the percentage we are gaining or losing. The image balance we enter on the left side

[14:27] shows the gains and losses we are currently making or losing on this trade. If you want to close the trade, as mentioned, just click " close" to do so individually. But there's also another option:

[14:40] we can close not only this one but all other open trades here by clicking "close all." Before I click that button, I want to present one last option: "exvert."

[14:52] Basically, this will reverse your trade. If you are in a long position, you will automatically enter a short position of the same size, exiting the long position. This is one of the options

[15:06] I personally don't use. Oh, before I forget, on the left side you can change your leverage. I strongly recommend not changing this tab once your leverage has already been selected. Let's close

[15:20] all trades. Okay, with all trades closed at market, let's talk about short selling. To enter short selling is basically the same thing; only the side you're entering the trade from changes. To avoid just talking, I'll

[15:35] quickly explain it as an example, which will also serve as a review. So let's start from the first step. To do this, I click on the top part. On the left side of the ticket, for this example I will choose Litecoin LTC USDT, the mode

[15:50] I will choose isolated, leverage for this example I want 5x, I will place a market order to open this operation instantly and I will also put a value of

[16:04] of 200, now I just have to click sell. We already have an operation betting on the fall of the asset. Okay investors, there were some functions that I didn't cover, but to start, what I presented to you is all

[16:17] you need. Little by little and with a smaller value at the beginning, you will open operations and test other functions. Now that you already know how to operate in futures, remember that more important than how to buy and sell in futures is when to buy and

[16:33] when to sell in futures. For educational purposes, I share cryptocurrency analyses daily on this channel, addressing possible buy and sell ranges in both longer and shorter timeframes, so don't forget to

[16:48] subscribe and leave a like if this video helped you. Now, one last tip: I used to trade on Binance a few years ago, today I trade on another exchange. The reason is that I prioritize exchanges that are not based in Brazil and preferably do not require

[17:03] document verification. KYC will leave the link to these brokers in the description of this video and in the first pinned comment. If you are interested, access them through the referral links and get started on the right foot by

[17:16] earning new user bonuses, regardless of the broker you are using. Remember, an exchange is not a wallet; avoid leaving large amounts of money on them. Thank you very much for your attention. See you in the next videos.