How to Enable Futures Trading on Binance

[00:02] cryptocurrency market hear about the futures market, right? Where you invest in the rise or fall of the cryptocurrency market, which we also call derivatives. And many people start investing by creating their account,

[00:19] obviously, on the largest exchange, which is Binance. But we can't find it Binance. But we can't find it

[00:31] derivatives option to start investing in the futures market. So in this video, I'm going to show you in a very simple way, without any fuss. It's a little trick, actually, that you need to make a change to

[00:46] enable the futures market to operate the futures market on Binance. So if you're looking for that, looking to invest in the derivatives market here on Binance, and you don't know how to enable this function, stay

[01:00] with me and I'll show you. [Music] Hey

[01:15] welcome to the Crypto News channel. And as I said at the beginning of the video, I'm going to start a series talking more about how to invest in the cryptocurrency futures market. I'm going to show you step by

[01:29] step. I'll go from the very beginning to the settings and the main concepts so you understand how investing in the futures

[01:41] derivatives market works. Okay, if you're enjoying this and looking for this type of content on YouTube about cryptocurrencies and NFTs, please like this video, subscribe to the channel if you haven't already, and activate

[01:56] the bell so you don't miss any notifications of new videos. Many people have asked me to bring more content about the futures market, how to invest in the futures market, how to start, and the first question

[02:13] I've noticed is that many subscribers have difficulty because they already have a Binance account. However, here we configure our account correctly, but initially it won't unlock the futures market. It

[02:28] 's a more advanced form of investment with a higher risk, but I'll show you how to unlock it. When you configure your account here, especially for those of us in

[02:43] Brazil, we 'll configure it up here. I'm on a computer, but it's the same on a cell phone. Okay, so nothing about futures appears if you look in all the menus,

[02:56] you look in all the menus, nothing about futures or derivatives. So how do we do it? The first thing is very simple, right here at the top we always put it as basic, right? We're configuring

[03:09] our account, it's always in Brazilian Portuguese, right? And that's exactly where Brazilian Portuguese, right? And that's exactly where the problem is. Binance in Brazilian Portuguese doesn't enable the option to trade in the futures market. So you need to

[03:25] change the language. It can be English, it can be any other language, but there's one very similar to ours, which is Portuguese from Portugal. So, on both the computer and the cell phone, you go to

[03:40] language settings. On the computer, it's right here at the top. Then you click and simply select the option Portuguese from Portugal, or if you prefer, English. If you understand English and other languages, it can be any other

[03:54] language. And once that's done, I changed it here to Portuguese from Portugal, and here in the menu we'll already notice a small difference, which is precisely here: difference, which is precisely here: derivatives. This is exactly where

[04:08] we do the operations for the futures market. So here you see an overview for Binance futures, which is precisely... This is another platform, Binance Futures. You'll see that even the logo changes up here,

[04:23] Binance Futures. And here, since my account is already configured and enabled, I already operate in the futures market. For those of you who haven't done

[04:35] this initial setup yet, when you click to access the futures market, it will ask for some information, explaining more or less how it works. It's quite simple to understand the basic concepts and

[04:50] understand that it's a modality where you can make short-term operations and obtain a very good profit in a short period a very good profit in a short period of time. However, the risk is very

[05:05] high because you are always operating with leverage, usually five or ten times. So, just as you can profit very quickly, you can also lose very quickly. So basically, you'll

[05:21] change the language and enable Binance Futures for you. There's a very simple form; just follow it correctly, and you'll have it enabled to make your futures trades. One of the most

[05:36] used, which is what I use, for example, is this one: USDM. So you click here: contracts. Perpetual Perpetual USDM, and here it's very simple, the concept

[05:50] is very simple: you choose the asset you want to trade, in this case, you want to trade, in this case, Bitcoin or the dollar. The cool thing about USDM is that you can invest in any of the assets, just having the

[06:06] USDT currency. You don't need Bitcoin or other currencies, just with SDT. I have 50 here in this case, but I have another operation at the moment that's already another operation at the moment that's already giving a 10% profit, right? I

[06:20] made this entry here in AP SDT. So it's already at 10% at this moment. And I still have another 50 here, so I always trade in this market too. But the focus of this video was precisely to show how to unlock, how to enable this

[06:39] derivatives option for those who are having trouble, because I saw that many people had this doubt. In short, just change the language, okay? And once that's done, just just change the language, okay? And once that's done, just one more tip: Once you've done that, you've entered, filled out

[06:54] the form, and you understand what the futures market is about. You will need to transfer the USDT currency from your Spot account to your account. Okay, derivatives are

[07:08] very simple. Just click on this little trade arrow and you'll make the transaction. For example, if you have $1 in your Spot account, it will show that you have $1 in the Spot account and zero in the futures account. Then you make a

[07:24] transaction, there are no fees, and you transfer the amount you want from the Spot account to the futures account. When you do that, the amount will automatically be available for you to trade here. So, in this video, I'm

[07:40] not going to show you many of the concepts, as I said at the beginning of the video. I'm going to bring a series of videos showing you exactly that, right? What do all these terms mean here in cross-isolation, 20x, 10x, 100x?

[07:58] What does that mean? Buy long, sell short, short? So, I'll show you all these concepts throughout this series and how to make profits in the futures market. Okay, so I hope this helped

[08:13] you if you weren't able to enable the futures market on Binance. Here's a very simple, quick tip, and another tip, especially for those who also want to start investing in the futures market. Futures trading has another suggested

[08:28] Futures trading has another suggested platform: Fairk. Fair Desk is basically the same as Binance, but it's a brokerage, a platform focused on the futures market. Its strength is being

[08:44] one of the largest brokerages in the futures and derivatives market. So, if you want to start off on the right foot in the derivatives and futures market, I suggest you create your account on Fairk now. I'll leave the

[08:58] first link in the description, and by making deposits starting from $1, you can already earn a bonus of up to $ 600 to trade. You don't get this bonus

[09:10] on Binance. So, if you want to start with little money and earn a large bonus to start trading and making profits in the futures market, I suggest you also check out the Fairk platform. The link is in the

[09:26] description, take a look, and create your account. So that's what I wanted to show you, and this is the Crypto News channel. If you're enjoying the content here on the channel, don't forget to leave a like, subscribe to the channel

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[10:10] Crypto News channel, I hope you're enjoying it, I hope to see you here in the next I hope to see you here in the next videos, and thanks!