How to Trade Crypto Futures on Binance

Crypto futures are financial products that allow traders to buy or sell a cryptocurrency at a predetermined price at a specific future date. Binance, one of the world's largest cryptocurrency exchanges, offers a platform for trading crypto futures. This guide will walk you through the process of trading crypto futures on Binance. Step 1: Create a Binance Account Before you can trade futures, you need a Binance account. Visit www.binance.com, click on 'Register', and follow the prompts to create your…

What is Crypto Futures Trading?

Crypto futures trading is a financial contract where two parties agree to buy or sell a certain amount of a cryptocurrency at a predetermined price and date in the future. It lets traders speculate on a cryptocurrency's future price movements without owning the underlying asset. An example of how crypto futures trading works is as follows: Let's say that you believe the price of Bitcoin will increase. You could enter into a futures contract where you agree to buy 1…