How to Trade Crypto Futures on Binance: Complete Beginner's Guide

[00:03] prepare for short-term trading, which includes most popular tool is futures trading. Futures trading is a

[00:16] financial contract in which you buy or sell an asset, such as Bitcoin or Therium, at a fixed price in the future. This means you have to bet on whether the means you have to bet on whether the price will go up or down. Suppose

[00:30] you believe the price of Bitcoin will rise in the coming days, you go long ( meaning buy). If your decision is correct, you will make a profit, but if your decision is wrong, you will incur a loss. Similarly, if

[00:46] you believe the price will fall in the coming days, you go short ( meaning sell). Futures trading offers numerous advantages, such as the ability to use leverage up to 100x. Even with just $10,

[01:02] you can take a position of up to $1,000. This allows you to earn higher profits with less capital. Leverage also increases the chances of loss, so consider your risk with any trade. I would suggest that the less leverage you use,

[01:18] the better. Second, by using futures trading, you can hedge your investments, reducing your risk, which is often used extensively by big players. Third, in futures trading, you

[01:32] can trade in both directions—meaning you can go long and short, meaning you can buy and sell, which you cannot do in spot trading. This is why people here make money in both rising and falling markets.

[01:47] I personally find Balance the best platform for futures trading. trading, Balance offers numerous features and tools that you do n't find on other exchanges. Due to the high volume on this platform, your

[02:01] trade education is also easy. If you truly want to trade crypto futures, you link to this is in the description box.

[02:19] You'll get a lifetime 10% discount on trading fees by creating an account on Binance through the link I provided.

[02:31] its pros and cons. Now it's time for a practical tutorial. Let's go to the Binance application and understand it. As you can see, we've logged into the Binance application. You'll see a user interface like this.

[02:46] You'll see a user interface like this. which you can purchase through Paytm. After purchase, USDT is credited to your funding or spot wallet.

[03:04] do this, you need to go to the wallet section and confirm whether your USDT is in your spot wallet or funding wallet. Here, you'll find a transfer button at the top, click on it. Then,

[03:20] select your wallet from the From section. I have USDT stored in my spot wallet. I'll select "Spot." Then, in the "From" section below, select "USDT and Futures." Then, enter the amount of USDT you

[03:36] want to transfer here and click "Confirm Transfer." Your USDT will be transferred to your futures wallet, which you can also check by going to your futures wallet. Now, our account is ready for futures trading.

[03:52] Below, you'll find the "Futures" option next to "Wallet." Click on it. You'll reach this page, where you'll find the "USDM" option at the top. This means you can trade futures in pairs of USDT and USDC.

[04:08] Next is "Coin M." Here, you'll find other coin pairs, like Bitcoin and Ethereum. If you have pairs, like Bitcoin and Ethereum. If you have coins like Bitcoin, Ethereum, and BNB in ​​your spot and funding wallets, you can

[04:23] transfer them to the "Coin M" futures wallet and use them for futures trading. This can be a bit confusing for beginners. Furthermore, you'll

[04:35] will cover in another video. Currently, USDT is available in our future wallet, so we will select USDM to trade in the USDT pair. Then, just below, you will see the name of the coin. On clicking it, a

[04:50] list of many other coins will be shown in front of you. You have to Ethereum, as soon as you search, you will see some coins with the same name below,

[05:02] whose prices will also be different. In front of these coins, somewhere ' Perpetual' will be written, somewhere ' Quarterly' and some numbers. Now, where ' Perpetual' is written, you have to always take the trade there. Because you

[05:18] can hold this trade for an unlimited time, until you square it up yourself or your investment amount loses and becomes zero. But where you have written 'Quarterly', this is the expiry date of this trade. Meaning, if you do not square it up by this date, then

[05:34] if you do not square it up by this date, then in the actual 12th month. The auto square-up will happen on 2027. Similarly, a different expiry date will be shown below. I hope you have cleared these terms. After selecting the coin, just

[05:49] below you will get the option of Margin Mode, in which there are two types of margins. The first is Isolated Margin. Suppose you have $100 in your futures wallet, but you have taken a trade using only $10 and if you incur a loss in that trade,

[06:07] you will lose only $10 and your position will be squared up. The remaining $90 will remain safe. But in Cross Margin, if you have $100 in your futures wallet and

[06:20] you have taken a trade using $10, then in the event of a loss, after losing $10, it will also impact the balance of your futures wallet. Meaning, if the loss increases, your loss can be up

[06:33] Meaning, if the loss increases, your loss can be up to $100. Meaning, the entire balance of your futures wallet is always at risk. This is the reason why people rarely use cross margin, hence we will also choose Isolated Margin here. Cross

[06:47] and Isolated Margin are cleared. If so, please give it a like. Just next to the margin option, you'll find the leverage option. Clicking on it allows you to use it up to 125 times. This means you

[06:59] Clicking on it allows you to use it up to 125 times. This means you can take a trade of $125 for $1. But I'd say the less you use it, the better. So, I set it to 10 times. Next, you'll find the chart option.

[07:15] If you prefer to analyze a coin before buying or selling it, you can do so here. On the Binance platform, you'll find almost all the indicators and tools for chart analysis. You can expand it if you wish,

[07:30] using which you can make your analysis even stronger. Just next to the chart, you'll find a calculator option where you can enter the required details to see in advance how much profit or loss you'll incur at which level in each trade and how much margin you'll need.

[07:46] Just below, you'll find the order type option, which includes you'll find the order type option, which includes

[08:00] you'll find three orders that are most commonly used: Limit, Market, and Stop Loss. If you want to understand these order types in detail, you can watch my video. Here, you can use limit orders to

[08:16] buy or sell any crypto at your desired price. For example, Ether is currently trading around $39, but I want to purchase this coin at $35. So, I'll enter $35.500 in the price here. Then, I'll enter the amount of

[08:34] USDT I want to purchase. Here, you can use Ethereum instead of USDT, but that can be a little confusing. Or, just

[08:46] below, you can use the slider tool to enter the quantity. You

[09:00] below, you'll find the TP/Oblique/SL option. Click on this option to set both the target price and stop loss for this trade. Or you can set it separately later.

[09:12] After doing this, I will click on the buy button. As soon as you click, you will see the order details, which include the buy price, the total order amount, and details of the funds invested in this order. If you have set a target and stop-

[09:29] loss, then its details will also be shown, which you need to check and confirm. After doing this, your order will go into pending, which you can check in the order book. You will see three pending orders in the order book. One is a buy

[09:44] order, the second is a target price, and the last is a stop-loss order. Here, whenever Etherius reaches my buy order price, my order will be executed. You can also use the same process for selling in a bearish market. Next is a market order. As the

[10:00] name suggests, this order is bought or sold at the market price only. No matter what the prevailing price is, you don't have to enter a separate price here; you just need to enter the quantity and click buy. Upon

[10:15] clicking, you will see the total cost of this trade, which is our Money is being invested in this trade, and the total trade amount and leverage used will be

[10:27] shown. This must be checked and confirmed. Your order will be bought, which you can check in "Orders." You can also track it in "Positions" for current profit and loss. You can also track it in "Positions" for current profit and loss.

[10:43] profit will increase. Here, you can also check the full details of this order, such as the current profit and loss (Return on Investment and Margin), which is shown as Investment and Margin), which is shown as 9.49. This means the funds I

[10:57] 9.49. This means the funds I invested in this trade are in total. The order size is 19.97, which provides us with leverage. This means the maximum loss I can incur here will be provides us with leverage. This means the maximum loss I can incur here will be

[11:14] liquidation price is also given here, which is $350 (2.62). This means that this is the price at which $350 (2.62). This means that this is the price at which my position will be automatically squared up when Etherius reaches the level,

[11:26] and my loss will be booked. Below this, you get the option to "Tip OB." This means "Take Profit." And stop loss, which is very important in trading so that your losses are limited and profits are also automatically booked,

[11:43] clicking on it will open this page where you get two options. One is Tip OA, which is used for partial stop loss and target price, which most people do not prefer, and the second is Position Tip/L, which is used to

[12:00] set the stop loss and target price of the full position. For this, in the take profit option, you have to enter the price at which you want to book profit. Like I entered here, as soon as you enter $500, you will see the details of how much profit you will make at this level,

[12:16] enter $500, you will see the details of how much profit you will make at this level, meaning if Etherious reaches $500 and my target price is

[12:28] reaches $500 and my target price is hit, then I will make a profit of $31 at this level. Similarly, in stop loss, you have to enter the price up to which you can bear the loss. Like I entered here,

[12:46] in this trade, which Currently, it's showing $1.9. This means that if the Ethereum price drops to $3,500 and

[12:59] hits my stop-loss price, I'll only incur a maximum loss of $1.92 on this trade. After checking this, you need to confirm it. Your stop-loss and

[13:12] target price orders will be placed. If either order executes first, the other order will be automatically cancelled. You can check this by going to "Open Orders." Furthermore, if you want to square off this trade at any level

[13:27] or square up at any time, you'll find a "Close" option. Click on it and select the percentage amount you want to sell and confirm it. Your

[13:43] position will square up, which you can check in the order history. You can check in the order history. You

[13:56] can also check the profit and loss details of this trade by going to the position history. So, we've just explained how to short and How to do a sell trade: Here, you get the option to short sell below buy and long. Now, if you think the price of this coin is going to fall,

[14:12] you sell it first, and when its price falls, buy it and book a profit. For example, here, Etherius is trading around 3900.

[14:25] Enter the quantity here, set the trade amount, and click sell. Now, when Etherius falls below our selling price, we will make a profit on this trade. To set the stop-loss and target price, you just need to do the opposite. This

[14:42] means, the target price should be placed below our selling price, which we set at $3000, and the stop-loss price should be placed above our selling price,

[14:54] which we set at $500. Finally, check the estimated profit and loss of this trade and confirm it. Your target price and stop-loss order will be placed, or you can close this position at any time.

[15:10] I took this trade only as a demo so that you do not have any doubts related to futures trading. So, I am going to explain it to you. I will close it.

[15:24] in your future wallet with profit or loss and your trade gets completed. Future trading is a powerful tool but it always involves risk, so while trading, always take the trade after understanding your risk and use leverage as little as possible.

[15:40] I hope that all your doubts related to balance future trading would have been cleared but still if something is left somewhere then you can comment, I will reply and if you liked the video then like, share and subscribe to the channel.

[15:53] See you in the next video with a new topic. Till then, Happy Trading and Safe Investing. Jai Hind, Jai Bharat.