AI Summary
This video is a step-by-step tutorial for beginners on how to trade futures on Binance. The host, Rinat, demonstrates the entire process from registering on the exchange and depositing funds, to buying cryptocurrency, transferring it to the futures wallet, and executing a futures trade. The tutorial covers key aspects such as selecting the right trading pair, understanding margin and leverage, and placing take-profit and stop-loss orders.
Chapters
Rinat introduces the topic of futures trading on Binance and outlines the steps: registering, depositing funds, buying crypto, transferring to futures wallet, and trading. He asks viewers to like, subscribe, and enable notifications.
Go to the Wallet tab, select the fiat balance (e.g., rubles), choose a top-up method (Visa card, cash, or account balance), enter the amount, and confirm. This adds fiat to your account.
Use the fiat balance to buy USDT (referred to as 'Uz Deti'). Click 'Buy', enter the amount in rubles (minimum 1,000 rubles), and confirm. The purchased USDT appears in your spot wallet.
Navigate to the Futures Wallet under the Wallet tab. Ensure the asset is USDT (futures) and not 'Feat from Under'. Enter the amount to transfer (or click 'All') and confirm. The transfer is instant.
Go to the Derivatives tab, then Futures. Choose a trading pair that includes USDT (e.g., LINK/USDT). The chart opens; for beginners, 'Value Trading' (likely 'Mark Price' or 'Last Price') is recommended.
In the order block, select 'Isolated' margin to limit losses. For leverage, start with low values like 2x or 5x. Choose the asset (e.g., LINK) and the amount (e.g., 50% or 100% of your balance).
Choose Buy or Sell. After entering, you can set take-profit and stop-loss orders via the position panel. The video shows a sell trade and explains the position details: entry price, mark price, liquidation price, margin, and PNL.
To exit, click 'Close' and choose 'Market' order. The trade is closed at the current market price. The video concludes with a reminder to like, subscribe, and enable notifications.
This tutorial provides a clear, practical walkthrough for beginners to start futures trading on Binance, covering essential steps from deposit to trade execution. It emphasizes starting with low leverage and using isolated margin to manage risk.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (6)
What is the minimum amount to buy USDT with rubles on Binance?
easy
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What is the minimum amount to buy USDT with rubles on Binance?
1,000 rubles.
01:18
What is the recommended margin mode for beginners in futures trading?
easy
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What is the recommended margin mode for beginners in futures trading?
Isolated margin.
03:31
What leverage is suggested for beginners?
easy
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What leverage is suggested for beginners?
Low leverage like 2x or 5x.
03:31
What is the purpose of the 'Futures Wallet'?
medium
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What is the purpose of the 'Futures Wallet'?
To hold funds for futures trading, separate from spot wallet.
01:47
How do you close a futures trade at market price?
medium
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How do you close a futures trade at market price?
Click 'Close' and select 'Market' order.
05:27
What does 'Isolated' margin mean?
medium
Click to reveal answer
What does 'Isolated' margin mean?
It limits losses to the margin allocated to that position.
03:31
💡 Key Takeaways
Isolated margin recommendation
Emphasizes risk management for beginners by limiting losses.
03:31Setting take-profit and stop-loss
Shows how to protect gains and limit losses, a key trading skill.
04:14Closing at market
Demonstrates a simple exit strategy for quick trades.
05:27Full Transcript
[00:02] Benatia. Hello everyone, Rinat! In this episode, we'll look at the popular trend of futures trading in Nantes. We'll look at how everything works in practice, from replenishing a Feat Nova wallet to making a
[00:17] futures trade. Let's get started. Before watching, be sure to like it, subscribe to the channel if you haven't already, and be sure to turn on notifications so you do n't miss new episodes. First, register with Been On SE.
[00:32] Then, top up your wallet. To do this, go to the Wallet tab. Here we have the listed Feat balance and cryptocurrency balance. We're primarily interested in the Feat balance. You can top up your Feat balance in rubles,
[00:47] hryvnia, tenge, and so on. For example, select rubles and click the button to top up your ruble wallet. We have 3 top-up methods: using a Visa bank card. The balance changes to cash and the account balance. After we've
[01:04] selected the top-up method, click the Continue button and enter the top-up amount here. Add your card and top up your fiat balance in rubles. After topping up, you must
[01:18] buy the cryptocurrency "Uz Deti" (a cryptocurrency equivalent to the dollar). Simply click the "Buy" button, then enter the amount of rubles you want to purchase. You can buy starting from 1,000 rubles.
[01:33] click "Continue." This will add 14 children. stands at 0.04. After purchasing that
[01:47] you must transfer it to your futures account. To do this, first go to your futures wallet. To do this, go to the "Wallet" tab and select " Futures Wallet." Be sure to select "Uz Deti" (futures).
[02:02] Futures Wallet." Be sure to select "Uz Deti" (futures). By default, it's "Feat from Under." If you have another selected, you must you have another selected, you must select "Feat from Under" for the futures contract. We
[02:17] must select this option. After that, enter the amount to transfer and we want to transfer it to our futures account. Click "All" and confirm our account. Click "All" and confirm our transfer. The transfer was successfully completed. 027 to
[02:32] transfer and I now have 0.31 of my children. The next step is futures trading. For trading, select the "Derivatives" tab, "
[02:44] Futures" and "Everywhere" tabs. An exchange opens where we can trade a cryptocurrency pair. Select "Here's a BIT" in this tab. With Unity, it opens by default. For example, let's make a deal with you. Choose a
[03:00] cryptocurrency pair. Link "You" with "Children." It is imperative to select a cryptocurrency pair that has "A" with "Yu" and "D" as the type because we will be making a deal with the " Union of Children." So, "Link "Use Children." Select our cryptocurrency pair. A
[03:16] chart opens. For those who have the basic version, I recommend always choosing " Value Trading" because That it is more convenient and how it is necessary to trade here. On the right side of the screen, we see a live order book. This is the block we are interested in.
[03:31] This is the last block. We always select isolated here because there is a cross margin and we suffer losses. Until our prisoner ends on the futures account, the transaction will continue unless we
[03:46] exit it. And leverage. If you are just starting to trade, I would try with leverage, then, for example, you can try a5x. In this field, I always select the cryptocurrency on
[03:59] which the transaction is made. In my case, it is a link. In this slider, I select the number of links. For example, 50 percent of the children. We can make a buy or sell transaction, or we can select 100 percent, that is, spend all our
[04:14] money on a cookie or a sell. Then, by checking the box, we can set a take profit and stop loss. But now this function is not necessary because we will immediately enter the transaction now and immediately close the transaction. We
[04:30] will not focus on technical analysis, but will simply show you how to enter You can enter a trade for both buying and selling, and so, for example, we enter a sell trade and an order is placed, open orders, positions, and so we
[04:44] order is placed, open orders, positions, and so we see our position is already 0.23 wreaths, the entry price, marking price, liquidation price, marking price, liquidation price, margin coefficient, margin of 0.30, and PNL
[04:57] indicates how much we earn. If you want to set a take profit and stop loss after entering a trade, you need to click this button. Click here and set a take profit and set a stop loss. You can first, for example,
[05:12] confirm, and then also go here and set a stop loss. This also works, friends, we went into a small minus, but it's okay. We can wait until at least our trade adds up, and then you can immediately go to the
[05:27] market. Click here to exit the trade right now. You can click on the market. I usually always close at the market. We see that we have formed a candle like this. In principle, you can exit the trade, and so on, we
[05:42] don't use technical analysis. We started focusing our attention. It would be nice to also look at density through scalping, but that's a completely separate topic. We just looked at how to start trading in Been on SE. Friends, if you liked this video, be sure to like it,
[05:57] subscribe to the channel if you haven't already, and be sure to turn on notifications so you don't miss new episodes. This was Rinat with you. See you new episodes. This was Rinat with you. See you in new videos. Bye-bye everyone.