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[00:05] I only have 1 USDT here take futures trades here at Binance? Can I do futures trading? So the answer is yes, it is possible. I'll show you how to do it here. But the condition is that it is a little difficult to take trade in very
[00:20] big pairs like Bitcoin, Ethereum etc. because you will need more margin in it. Ok ? So here Solana has 180 USDT, so we can trade in this pair.
[00:35] Look, I am taking the market here. So my order will be executed right now. After that, this amount which is written means how much percentage of the margin I have here, I want to give in the order here. So
[00:50] if I select 50 here, what will happen is that around 0.36 USDT will be added to my costing. But what will happen? I will not be able to place an order here. Look, the order must be for 5.42 USDT. It should be more than that.
[01:07] You won't be able to do it for less. So I do 50% to 75% here. So, this means that 75% of the total USDT I have will be used here for my order. If I had
[01:19] 10, 50, 100 more USDT instead of 1 USDT, it would obviously be 75% of it. You have to keep this in mind. Liquidation price is a very important thing. It is Liquidation price is a very important thing. It is something to look at carefully. It's running at $154
[01:33] here. Meaning, the price of the Solana pair here right now is 180 USDT. And if I take a buy long order here then it is obvious that
[01:46] this order of mine should go up. Meaning this Solana pair should go up. If it goes down, I will lose. So while going down, there is always a liquidation price somewhere below here that as soon as I clear that price and cross that price,
[02:01] clear that price and cross that price, my entire order gets automatically liquidated. So this price is $154, which means if Solana starts falling from $10 and crosses $154 while falling, then this order of mine will automatically be
[02:17] sold and the margin that I have given will be lost. But if I take sell short then it simply means that my order should go down. Meaning the Solana pair should go down. So in this case the
[02:32] liquidation price sits higher. Meaning, if this Solana pair starts moving up, I will incur a loss. So here, if it's $10, the liquidation price is sitting at $205. Meaning if it starts going above 180 and crosses $205 then I will incur a loss. If cell
[02:49] shot is taken. So what do we do here ? Click on Buy Long and go to place the order. You can see the price gap is 14%. Meaning if Solana falls by 14% then this order of mine will be liquidated.
[03:06] USDT which is what it is currently doing. The amount is becoming this much. click this. I click on confirm and my order is placed. So you have seen here that even if you have only $1, you will be
[03:23] able to place orders in futures here but you will not be able to place very big orders not be able to place very big orders because in this we had to give 75% of our amount which was from our wallet. Now you see $1 to $.34 it has happened.
[03:39] But if you still want, you have the option to increase the leverage here. I had 10x leverage here. If you increase the leverage, what will happen to you is that you will be able to place orders with even lower margins. But
[03:55] the more you increase the leverage, the more you should remember that your chances of risk will increase significantly. Ok ? If you increase the leverage from 10x to 20x, the chances of risk will double. If you do more than that, the risk will
[04:11] increase further. This means that the chances of the order getting liquidated automatically will increase. You can see the entry price is visible. Mark Price is showing this and your liquidation price is $154. Right now the margin ratio here is so much going on. The
[04:24] margin ratio here is so much going on. The margins I have given are $.72 in margin. Given in USDT. The size is made like this. So it is possible to take orders. Ok? That's what I wanted to show you in this video. If you
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