How to trade binance futures in us reddit. ADMIN MOD I wrote another Binance trading algo in Python.

How to trade binance futures in us reddit How to Enable Hedge Mode CZ setup binance . I had around 50k. You want more and you will finish at 0 , odd of 1 believe men) trading need few years of expérience It was easy to pay my taxes, easy to buy crypto. Then check prof loki on youtube. Is anyone from this group currently trading futures from Australia and if so, what platform/broker are you using? Currently struggling to find a low cost broker that allows me to trade I have started trading some futures and the calculator they have is horrible! Not once has it provided me with valid values for liquidation prices. Money takes time . 1 BTC) or go into debt? (Im really new to trading and i only do spot trades and im just curious) Wiki at: https://japanfinance. e your trading in contracts. 02/0. This article explores how to optimize the grid trading experience on Binance Hello I'm writing a trading bot in C# which should be trading some futures with leverage. Hello there, you may use the Binance Futures Calculator to calculate the initial margin, profit & loss (PnL), return on equity (ROE), and liquidation price before placing any orders. If you can trade, trade everything to one Alt but be careful as trading may trigger verification as well. If you're buying directly from Binance (as opposed to on Spot market) that's a different process. However, Futures API doesn't have this calculation and you need to find how much is the Quantity yourself - docs Does anyone know how can I calculate the quantity of the order? I'm sure you are looking at the wrong part on the table when you opened your position. I also only trade on assets I would be willing to hold longer term, so if a price drops after I buy I don't mind holding until the price recovers. There is no hourly rate but you pay a funding rate depending on the market. A bit of an educational post for the guys that want to start trading futures, I encourage it but read this before you do anything at all. The biggest community on Reddit related to bonds. On the weekly chart for the 20th Dec'21 the low on Binance Future chart on Binance is 45530. Great, reliable API in my experience, but that's about the only pro. (Same as trigger for instant trade). It's almost guaranteed you'll lose money instead of earning it. But for the most part, Binance does not need them anymore. Simply connect your Binance account to TradingView, and you can start trading Binance USDⓈ-Margined Futures with TradingView’s enterprise-grade UI and features. I recently began playing with Binance Futures’ testnet environment but unfortunately I blew my account :( . I prefer using stablecoins as Futures trading, however, allows traders to potentially profit in both directions–whether the value of an asset rises or falls–by taking long or short positions on a futures contract. Exchanges have deals with Market Makers (MM). So sick of waiting too. Ive been trading binance futures with some pocket money and leverage. Binance Futures - How to set a stop loss on stop limit orders that haven't been placed yet. So I am using nordvpn to access binance in the first place, I was connecting to France IP to do futures but now that doesn’t work. Welcome to FXGears. In simple terms you can trade your USDT for your desired crypto coin you wish to buy. com, a They are the 4th biggest crypto exchange by volume and I feel the same amount of comfort with them as I did Binance. Which country allow futures or is there a workaround it using nordvpn. Bitcoin futures are very thinly traded on the CME. Start with 10$ lang or some people started with 1$ lang. the losses you get in the binance future can be wild. The illegal part is all these mom and pop crypto exchanges offering futures without the permission of CFTC (Commodities and Futures Trading commission). Binance's Exchange allows users to exchange fiat for Bitcoin or other coins. For example, if you use 10x leverage, you can control $10,000 of a position with just $1,000 of your funds. Then Luna crashed and that 3800$ was worth 1200$ a week later. $50,000 as a maintenance margin. hi I have a problem with Binance futures , I notice my available USDTs are missing and when I close a position its fund dosnt add to my available funds and it disappears too , I also see 2 different amounts for my future account balance means the money is calculated in my balance but it doesn't show in available fund! dose anyone have same problem , I contacted support team I can’t find the futures trading section on Binance. Always keep in Welcome to FXGears. Binance has worked flawlessly for me for the last three years. Leverage trading basically is trading with foreign capital. You're only option overseas is to use VPN on foreign exchanges and hope they don't catch you and lock your trading account. Speaking of coins and trading pairs, I use both stablecoin trading pairs, such as BTC/USDC, and crypto trading pairs, ETH/BTC. Can anybody recommend an alternative exchange I can trade from within New Zealand? Welcome to FXGears. My first question here would be that, if I open a position with 100$ and a 2x leverage, is it actually a position with 200$ with 100$ being my money I put into it + 100$ I borrow. So I've been consistently making some extra money trading futures in binance for years now. Always some random guys that have money and want to trade future, you will win some but you will lose all, it's really not for amateurs, i guess if you dont know how to switch normal mode you should never trade anything, keep your money. Right now I day trade focused on 6 pairs: bnb, BTC, avax, sol, luna and ftt. I have been trying for over a year now. Get expert tips, ask questions, and share your love for all things Excel You can either do usd-M futures (which I recommend) or coin -M futures. I signed up, transferred my funds, and started figuring out the interface. Im kind of new to this and wanted to try crypto trading out. But please, read the sidebar rules UK 🇬🇧 no futures. The rest of Binance (Spot trading etc) still is available of course. They never really took off. Here are some specific strategies that you can use to make money on futures trading on Binance: Day trading. Additionally you usually pay a fee for Binance to broker the deal. The big benefit of futures Vs day trading - you can short! It's also far easier to see your positions and profit and loss at a glance compared to spot trading in the binance UI. If you don’t know the difference between the 3, be careful. Or check it out in the app stores   Agree that LedgerX has futures on Bitcoin (not perpetual futures like Binance. Used to follow the main Binance fee structure of 0. by number of daily average revenue trades. For example, if you use 10x leverage, you can In our guide, we review the main questions and settings you’ll encounter while trading Binance’s perpetual futures product. The ease of use is what I like Welcome to FXGears. Click on the settings icon next to "Grid Trading" on the right of the screen. US isn't available in every state. This is one of the great attractions of Binance Futures as the trading platform comes in two versions: the original and TradingView. A few big customers in London nicely replace a whole continent of small retail derivatives traders and potentially allows savings in customer support and infrastructure. I've got a signal to be used in Binance Futures BTC/USDT Signal Type: Regular (Short) Leverage: Cross (20. 10931" and, because it is short, "sell" with "cross 20%". I use 20x which is maximum I get on most pairs against BUSD and right now I'm allowing myself to only have 500 $ buying power because I only deposited 25$. My broker requires $20,000 margin for day trading a single contact because they’re so thin and risky. You set the price you want to sell at. supply, but even with that, we're looking at years rather than months or days for any real change. I was trading spot for some time now and was just about to try futures on Binance, but it looks like it is blocked for UK users. Shouldn’t this be available as similar to Binance. If it keeps going down in futures, your position gets liquidated at whatever leverage you are using. You see, for the uninitiated: futures trading is gambling. Binance. And to trade crypto futures your best bet is KuCoin. Copy trading is the newest feature available Binance so because I wanted to try it out I initially invested $20 in the at the time current top trader in the ROI and PNL category and in one day made me $7 so I decided to invest another $80 into Also the actual trade fees seem to be quite different i. Finally, US users can trade on Binance-US which is compatible with US trade regulations. 9 BTC back? So can i only lose what i have invested (0. Prepare strategies n backtest than trade . Funding fee on Binance futures leverage x1 It is often best known for its trader workstation, API's, and low margins. Although you get to the point of almost opening a position before it tells you. Adjust your leverage by clicking on your I made a list of resources for /ES trading here that I really like, that all occupy a similar style of trading (M5 price action + bigger contextual reads of the market). Click on "Preference". In our guide, we review the main questions and settings you’ll encounter while trading Binance’s perpetual futures product. No, trading futures or CFDs in crypto is not allowed in the UK for retail investors. Place orders according to the various order types available on Binance Futures. For starters, you can select a buy-limit or buy-market order to purchase for your first crypto futures contract. For pure price action scalping, I know some people who have had a lot of success with the PATS method: So I have been trading crypto futures on Binance for like 3-4 months now. 3. For instance, our BTC 0925 is a quarterly futures contract that will expire 3 months upon the date of issuance. You’ll have to make a Coinbase account, buy USDT on Coinbase as your on ramp and then send it over to KuCoin and you can trade the crypto futures with the USDT that you sent over. MMs play an important role in healthy markets. u/OptionStalker is definitely the single trader who has shaped and helped my futures trading the most. US but on Binance. If you only want 1x just use spot trade. The FCA banned this for crypto here, so Binance stopped it. Hi u/Still-Ad-837 thank you for reaching out to us via Reddit and bringing your issue to our attention. The risk of futures: leverage. Always keep in mind the risks associated with trading futures. ADMIN MOD I wrote another Binance trading algo in Python. Safemoon was a cryptocurrency started in 2021. Learn some technical analysis of the trading graphics. I thought for a long time to whom to subscribe, tk. There’s this thing called funding fee in which you can either pay or get paid for holding a long/short position which happens every 8hrs. On the other hand, perpetual futures contracts, as the name suggests, do not have an expiration date. US doesn't allow margin but I might as well include it: Binance. I don't think any funds would freeze if I had left them in the Futures wallet, but probably best not to take a chance and transfer out of there before the time is up. I like manually setting it to a wider range, $6000 - $60000 for Bitcoin. Do i only lose my 0. I noticed that when trading futures on binance I never had my profit fully received, I understand there is a commission and stuff, that's acceptable. After the 3 months expired it was no longer possible to trade Futures without providing proof. You can specify the price range between which you want to place your buy/sell Strictly speaking, Binance Futures is safe and is part of Binance. The only thing is that the financial risk is much bigger here than with spot orders. You can easily switch to that mode by clicking the top right corner of “Place Order” interface and selecting “Position mode”. Bitcoin is currently trading above value X. At first I did not even know how to understand which one is better. 4. Interestingly I can still do Binance futures through Safepal wallet/ Binance DAPP. BTCUSDT Perpetual The platform only supports trading on the Binance exchange, I myself live in Switzerland, so I can trade there, but I heard that using SOCKS anyone can trade from any country. The problem is that on binance futures website it shows, for instance, a range of price level between 78 to 95 for Futures is the best way and quick to loose all your money people should stay away from futures you never know the market where it goes on conjunction (interest rate, wars, inflation, political, crypto ban, etc) all factors that make the futures more dangerous and it affect the spot as well but there is no contract you can get out at any point. It offers peer-to-peer money transfer, bitcoin and stock The only exchanges in US where you can margin trade are Kraken (shorts and longs), or Coinbase Pro (longs). This could be solved by ACDX as they're launching some of their structured products already, aimed at simplifying trading for traders. Switch from "One-way Mode" to "Hedge Mode". A community for fans of the critically acclaimed MMORPG Final Fantasy XIV, with an expanded free trial that includes the entirety of A Realm Reborn and the award-winning Heavensward and Stormblood expansions up to level 70 with no restrictions on playtime. 101551 🚀🚀🚀 Stop Targets: 5-10% First, in futures, I have to create "limit 0. I want to set up a short position, at value X. Futures is more like gambling Don't hesitate to tell us about a ticker we should know about How to Trade Crypto Futures on Binance. You'll notice spot and futures amounts should reflect your respective wallets. Hi, I found this announcement on Binance official page that Binance Futures guarantees that there will be no auto deleveraging (ADL) incident(s) when users trade BTC, ETH, and BNB USDⓈ-M Futures Contracts listed below if the total open interest of the following contracts does not exceed 4 billion USDT: . I registered at Coinmatics and made a deposit on the exchange according to their instructions. The image below shows how this platform is in the case of selecting the original option. I live in a developing country where the cost of living is lower than in the US. Is BNB supported under Binance Futures Credits Trading Mode? Yes, Binance Futures Credits Trading Mode supports BNB. I lost 50% from stupid trades and high trading fees so i stopped. 04 percent with 10% off if the fee is in BNB when the contract's trades execute but on regular trades which can either be a simple trade or off the margin the maker/taker rate is 0. io/ Whether you're a new resident with questions about credit cards and cashless payment options, a long-term resident curious about pensions and life insurance, or a digital nomad wanting to talk crypto gains and tax treaties, this is the sub where you'll find informed discussion, friendly advice, and high-quality answers with links to reputable View community ranking In the Top 5% of largest communities on Reddit. First you have to keep track of what will be listed and when. Where can I margin trade in the us? comments. The much wow innovative crypto-currency. r/Forex. Reply reply Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Before trading Binance Futures, you should get well acquainted with how the platform works and all its features. I have no idea what i was doing. I understand, I don't like futures for so many reasons, it's something I can't do and won't do, but I'll take ur advice about saving some money for the bad weeks and months, I went to the arena made some trades, lost one or two bc of stupidity, like buying panic High, but if I learned something it's to be patient, I won't be 24h looking at the charts since one trade is enough per It is often best known for its trader workstation, API's, and low margins. Go with futures, don’t trade btc eth go with top performers like TRB DOGE today , use advance terminals like inscilico to use limit orders so less fees. Trading crypto futures on Binance involves several crucial steps and concepts for successful trading. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. There were a lot of copy trading sites. I. Usually a new coin will have wallet deposit feature activated 1 day before trading. Right now I'm on two exchanges, Binance. So check on CoinGecko where it is available, buy and send to Binance or whichever exchange. I felt stress and tension building up almost instantly even though the $30 I used weren't even mine in the first place. multiple long positions in tier 1 on btc/usdt AND What happens when I reach maximum position e. The cost of 200 USDT to open a position on Binance Futures is a fee called the "initial margin" or "IM". 1% on the spot market. You need to buy it from outside! No other option. Being in the industry I love to poke around and see what it's made of, which is when I made the one discovery I'll live to regret: futures trading. Use Mexc, explicitly easy non-KYC and they don't limit you to 5x. I lost all my futures account money just in 3 days. Connect with us, M-F, 9:00 am to 5:00 pm ET. Bybit is a cryptocurrency spot and derivatives exchange offering trading on inverse, linear perpetual, quarterly futures contracts with up to 100x leverage; providing users with a highly secure, state of the art matching engine, 24/7 service, and an advanced order system. When Lower Fees = Higher Fees Have you checked the futures trading fee? I don't know about Binance. Understand it before trading futures, and unless you're very comfortable with the risk stick to 1x or very low leverage. This is your order entry panel. 67 A place to interact with the community, and discuss all things crypto and Binance! With Kucoin, you have to lie when you register and say you aren't a US citizen. I know binance will stop canadians from trading completely at the end of this month, which realllyyy sucks for me. About leverage, nowadays I use binance futures with Xxx/BUSD so I receive rebates for using limit orders. 1 BTC on Binance Futures with 10x leverage and get liquidated. Ensure you are sufficiently prepared In just a few steps, you can set up a Binance futures trading account and begin trading crypto futures contracts on the platform. I initially chose Zignaly, but very much regretted my choice. If you still want to enter the futures market study first and practice How to trade on Binance Futures? 1. 2. The real website has both margin, leverage, and futures trading. The place to trade, sell, collect, and discuss Reddit Collectible Avatars! Don't hesitate to tell us about a ticker we should know about, market news or financial education. Click on "Position Mode". They will let you buy crypto, and then prevent you from withdrawing it for some arbitrary security reason (the latest one is withdrawals disabled due to risk management). Hello, I started to study trading just a couple of weeks ago and am currently practicing with binance mock trading (futures perpetual). However, if you’re new to crypto futures trading, please proceed with caution. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. Uk as separate companies, so they can each be in full compliance with trading regulations in the US and UK. and International, Federal, State, or local. 1. Or check it out in the app stores Just logged on this morning to binance to find futures trading has been banned for customers in the UK. The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python programming language. Perhaps it's not even profitable to establish these regulated subsidiaries: the high regulatory costs compared to the size of each market would translate in higher trading fees for the users, giving an incentive to seek competing exchanges not yet regulated and therefore cheaper, which would not be sustainable for Binance. I think he should forget crypto. Binance Futures trading tutorial - how to trade futures on Binance. A few minutes later I Hello. Sometimes they trade on their own exchange, and other times they trade on other exchanges. Might have to go through a multi step process where buying on Binance is a few clicks and you’re done. So lets say I long 0. That said - should be possible on Tradingview? Put "usdtp" in the ticker search bar, then add the "market cap" category on the far right - then sort by size. Profit and loss are settled in BTC. First of all Futures and Margins are haram and second thing is they offer huge profits and huge In other words, futures contracts have a limited lifespan and will expire based on their respective calendar cycle. You need to search for the relevant futures or margin instrument in Trading View. A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Currently not affected by the ban in SGP tho this possibility cannot be ruled out. . Nah, your trading on a futures market, which is separate to the spot market for BTC. Lets use an example of $10000 just for ease (prices are obviously different) the trading flat fee would be $20 for both buy and sell, if the BTC price is $30,000 you would be paying $60, at $50,000 it would be $100 Meaning if you are only gaining "$50" in I have a Binance account and would love to trade Binance Futures directly from the TradingView interface. There’s loads more money to be made trading other things. Share your ideas, questions and insights. Cheers A place to interact with the community, and discuss all things crypto and Binance! Exchanges can trade too. When using a stablecoin trading pair, I see it as a strategy that DCA in and DCA out for me. If I understand it right, you are trading perpetual futures in binance. It’s fine if you don’t have the risk appetite for futures trading or if you at it as gambling. The initial margin is not returned to you but will be used to maintain your position in case of any losses. For your question. Most trade in futures. Mid 2021 l, i think it was late May when i started funding my binance account for futures trading. It shows the pnl . I am using the BTCUSDT Perpetual Future Contract of Binance on my Tradingview and I am looking at the same chart on Binance Future's website. I was allowed to do futures trade in my own country but now that I am in US I can’t even access binance let alone futures. US some of the coins you may want to buy can be a hassle to get through other means. Here are some of the best futures trading platform you may use, well, some of them are restricted in the US, but you may bypass it with VPN. Unless you want to buy in at higher leverage later on. This fee is required to open a leveraged position and is used to cover any potential losses that may occur in the trade. Understanding the price movements of any crypto can help you increase your chances of predicting what direction the price is going to take. US and . They didn’t have the best fee schedule for futures trading but it was the best option in Canada. You can check the next expected funding rate in the trading UI. So 1000$ here is probably worth 5 times (like $5k). I usually use Binance all the time mostly for Futures except with recent announcements, it seems I need to get out of Binance. To be able to inform and assist you, we need to check more details. e. But check first if margin is allowed for your State. no, maybe at a later time since the US version of Binance is fairly new and has to operate to specific US standards which may change later; there's going to be ETH futures on CME 2/4/21 in addition to BTC futures so hopefully sooner rather than later I only own BTC so I can only trade Binance Futures COIN-M (denominated BTCUSD CM on Binance). The second you enter a trade on Binance futures, you've already lost. 04% taker compared to 0. This is also where you can switch between Cross Margin and Isolated Margin. Join our community as we empower Canadians to take control of their financial future. It is not perfect, though, and cryptocurrencies are still highly volatile, but it will give you an edge when you trade. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Nakikisabay minsan ako sa trade niya but practice TAYOR (Trade At Your Own Risk) when copying someone's trade pattern. How to register Binance? Get registered: The first thing you need to know 3. It's prolly illegal whde you live to trade future derivatives of any kind with out regulation so binance won't let you because they are working with the governments so they don't get shut down. How is it possible to have 2 opposite - short/long - orders active at the same time? I open a limit short , lets say, at 6666 and it fills. I know that I'm probably not going to be the greatest trader ever, but I would like to reset my mock trading account. I only trade on BUSD pairs and only with limit orders so I pay 0 fees. Then chose the amount of coins you wish to sell. 02% maker and 0. You can only withdraw . This where Binance got into trouble doing that because they are offering these derivative products without permission and without being regulated. sg aside n focus on the banned Binance. US. New comments cannot be posted and votes cannot be cast. Welcome to /r/StockMarket! Our objective is to provide short and mid term trade ideas, market analysis & commentary for active traders and investors. I was trying to see how i can hedge during the bear market. Understand the market first and foundations of technical analysis before doing your first trade. Phemex: Known for 0. I find these exchanges useful in futures trading and most importantly MEXC as I get to trade BTC/USDT and ETH/USDT. github. Binance US futures upvotes · comments. Is there an alternative crypto exchange that allows me to do Futures and Ontario-safe? I use shakepay and bitbuy for real coins meanwhile. The money in futures trading on Binance comes from other traders who are on the opposite side of your trade. Hi binancians, I just have a few questions about futures (I have done spot trading several times but futures is new to me) Can I have multiple positions in the same tier e. Hi, with Hedge mode, basically you can hold positions in both long and short directions simultaneously under the same contract. 1%/0. I say no shit it's me, but they won't let me in to Binance US to trade. How Congratulations now you can spot trade on Binance. What can I do. US). r/Trading. Futures trading is on the derivatives market where you do not trade the underlying asset but you trade only the right to buy or sell it. Arguably Reddit's best source for uncensored cryptocurrency news, technicals I'm looking for any countries that allow Binance futures trading without KYC identity verification? Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more! Cash App is a financial services application available in the US. In our step-by-step guide to grid trading, we covered how to set up systematic trading using grid trading on Binance Futures. Frequently Asked Questions on Binance Futures Credits Trading Mode. Binance trading platform. These pairs are only available on the CEX and I believe more pairs will be added in the future. Whether you're an artist, collector, trader, gamer, or just curious to learn, you've come to the right place! Join us to stay up to date on the latest NFT projects, discover amazing creators, share your own NFT journey, and engage in discussion about the future of this tech. In-depth tutorial on futures trading, order types and how to set up Binance Futures. There is no easy way around this verification, unlike what we could do for the past year or so. com? Archived post. To be clear, I tried it when I first used Binance, but with a low trading capital (around 20$, still enough to understand how it works and how it's easy to lose money on it) Welcome to FXGears. I was in one of those unlucky states (greetings, Texas) and found out I still had some money in my old Binance account that I wanted to get out. If you don’t have a Futures account yet, please refer to How to Open a Binance Futures Trading crypto futures on Binance involves several crucial steps and concepts for successful trading. Coin futures you use your btc to trade btc/usdt. If you dont fully understand leverage trading then dont use it, heck, even spot trading. Opening a position with a leverage of 2x would simply mean that I will trade with an initial margin of 50%. Binance is With Binance Futures, traders can sell at high prices and buy at low prices or vice versa to benefit from any price fluctuations while implementing different strategies such as grid trading and What’s the best way to start trading futures on Binance? You can use the automated Grid Trading strategy that Binance offers for its futures trading. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. For example, I think Coinbase only allows margin trading for 20 states. the Binance arm that’s affected by the ban in sgp is Binance. In your example, if you open a long position with 10x leverage and 100$ worth of BTC, and you make a profit of 10$, that money comes from Welcome to the official Questrade subreddit. By going long, a trader buys a futures contract with the expectation that its value will increase in the future. Day trading is a strategy where you buy and sell assets within the same day. Unless you actually bank whatever little profit they offer, but if you don't bank it, they'll trade back to your stop level guaranteed. For those of us looking to make a buck, swing trading /r/GlobalPowers is a realistic and diplomacy-focused spin on the nation-state text roleplaying genre. Standard practice. Binance kept on doing it though. From my understanding its not like the futures stock market though as you can sell and buy any time you want during a futures contract. Binance will restrict the following product offerings for users from New Zealand effective from 15 August 2022: Futures Options Leveraged Tokens Dual Investment Liquidity Farming Swap Farming DeFi Staking BNB Vault Binance Pool I am a futures trader. It is often best known for its trader workstation, API's, and low margins. Now, I don't want to test my implementation of the bot with real money so I figured I could use the Binance testnet to provide me with some test funds. I'd prefer self custody but futures trading in DeFi still has awful fees compared to CEXs. Although future ain't worth the risk, you'll make money by consistently doing small % increment over a year that gambling on futures i hope to to get double money in a week. com. Binance Futures Taker/Maker Fee . Do traders actually make money with Futures trading? It seems to me like you would need balls of steel to trade contracts in this way. “I got the answer for it , actually binance sees and settles contracts in Usdt terms so for example you open a position of 10 chainlink at a price of $10 then your total contract value is 10 Link x $10 that is 100$ worth of contract, now when the price decreases from $10 to let’s say 5$ your new position size will be of 20 Links as your initial contract value was 100$ when price of 1 link Hey ,guys, beginner question. Launched blue bear strike token (BBS) which makes it possible to trade incurring 0 trading fee not even talking about its amazing risk-reward ratio and ease of trading. It's nothing lifechanging but it definitely helps me save for travel and fun things. sg is a separate n independent entity with its own mgmt team, but is still an arm of Binance. I ended up using a VPN to access my account, and it worked for me. g. So meanwhile let’s put Binance. Binance: Offers a wide variety of Welcome to FXGears. Some more important things to keep in mind are: Never ever trade on Futures or Margin always trade on Spot. In November 2023, the US Securities and Exchange Commission (SEC) formally charged the original founders with securities fraud conspiracy, wire fraud conspiracy, and money laundering conspiracy. As said, I'm trading leverage futures via trading view, just have to check the main binance app to make sure the leverage doesn't change. 75/0. There's no real other way to cut it, but it's gambling. Small retail customers made what Binance is today by trading and promoting the company. 'Price action' search it up on youtube. Here's the What crypto futures trading is How to get it all set up (with up to $60 free) Understanding how Binance works How to use basic technical analysis indicators Golden rules to help avoid falling Want a great piece of advice? Stay away from futures trading. 75 with 25% for fees in BNB and extra Hi, a newbie on Binance here. (This closes same percentage of your initial capital - you can calculate this and add to pnl to get the amount you want to close). Binance picks the market price for you, and you pay for the spread (difference between prices of buyers and sellers). everyone is making money on this market, I see countless reddit experts (not) that go around giving awful advice because they are making money, well, these so called experts will lose it all when markets Welcome to FXGears. Grid trading on Binance Futures is a strategic tool that can be useful when markets are volatile and prices fluctuate within a given range. Only 5000 contracts per day. They can play the same trading game as everyone else. So I'm trying to find the right way to add a stop loss to my stop limit order that hasn't been placed. 0X) 0. I was trading coin-m futures and I hit 3800$ worth of ada. I was among the lucky users who participated in the M-Day event on the CEX to get the USDT futures bonus airdrop. com So i've decided to invest a small amount of money in binance. Check their blog for more info. It is also important to identify what trade are you/will be executing cos u shouldnt expect for a high swing if your entry is for scalping. We offer a unique environment that aims to simulate a plausible future, complete with a weekly United Nations, economic forecasts, and a great group of players and mods who are dedicated to the community. S. Crypto futures are quite fun and good practice while the other markets are closed. They provide liquidity to exchanges. Log in to your Binance account and go to the USDⓈ-M or COIN-M Futures trading page. 1% fee for spot trading and up to 100x leverage on futures. Then you can trade on leverage. The gang behind the scenes are stalkers, and they will stalk you until you are dead. Can I change back to the basic trading mode after I made the upgrade? No, once you update to Binance Futures Credits Trading Mode, it cannot be undone. Set your alarm on 5 min before trading begins. I put in a 20x trade with the amount of contracts and it showed me a liquidation of 20,200 but when I placed the order the liquidation price was 20,800 a MASSIVE difference. It’s a big way they make their money 🤑 Stay away from Binance. However, for safety and the privacy of Stay in cross, use 3x leverage available there, if after a year of being consistently profitable, anything above 70% of your trade being correct, then you may go to futures. 1% on each side with a 25% BNB discount but has switched to the maker/taker fee structure that I had a Binance account for the longest time and then they said all USA citizen take your money out and now I have been trying to get a Binance US account but it say my ID has already been taken. Resources: Hedge Mode Now Available on Binance Futures. When you slide the bar right to select your order size for example 25% of your portfolio, you will see directly above the bar in small print "cost" which is your investment in the position, further above you will see the size multiplied by your leverage, which in your case is 10x, so this would show around r/NFT is a community for all things related to non-fungible tokens (NFTs). Unofficial subreddit for general discussion on the Greater capacity to sort/scan futures integrated within Binance, rather than having to try and do it in a roundabout way on Tradingview. There are several ways you can buy crypto on Binance P2P trading 2) Credit/Debit card SEPA/Wire transfers. It was stopped by the FCA in January 2021. Don't use kucoin, they crash under heavy sell pressure. However, it seems like I can only connect my Binance spot trading account. Their design is nice, but the graphics are horrible. 06BTC per day but the end is near, get out of there before your stuff gets locked for months with some shitcoin. 1 BTC or do i have to pay Binance 0. I avoid future trading or any type of leverage trading that can be liquidated, crypto is too volatile to risk liquidation. US and Kucoin. com, a trading forum run by professional traders. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. JUST BE CARFUL WITH LEVERAGE. The fees can be tiring and exhausting tbqh. You can also enjoy more trading options and straightforward access to one of the most comprehensive toolsets in Binance Spot API has a parameter quoteOrderQty which will allow you to say how much you want to spend for an order, like you want to buy $50 worth, you just need to do quoteOrderQty=5. I have been playing with Binance Futures interface and I have found the option to partially decrease the open positions volume but I have not found any dedicated option to increase the volume. Welcome to /r/EthTrader, a 100% community driven sub. This one is able to analyse how volatile every coin on Binance is and place a trade when during a strong bullish movement Basically, Binance isn't fully operational because of some regulatory stuff, and even Binance. com the futures trading fee are 0. We're Crypto Reddit's Fiji water in a desert of censorship and agendas. I know I said that but Binance com has a very high limit and only requires an email if you stay under that limit. Almost everything about the bot is ready except for the actual placing of short/long orders with levarage. And in the case of TradingView, it is surely the best trading platform out there right now. Would it be entering a new trade on the same pair using the same leverage? Cheers. 🦧 don’t ape above 10x . Get the Reddit app Scan this QR code to download the app now. us. An age old financial instrument for lenders to create fixed income, and for Welcome to FXGears. I won't talk about the reason why I chose Binance, because the site is huge and needs no introduction. Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome. Leverage allows you to control a more prominent position with less capital. does it trigger reduce only/sell my position/nothing AND I am looking to trade futures market from Australia. - Can chose market trade or limit trade. US Congressman Warren Davidson officially files bill to fire SEC Chair Gary Gensler. Also, the original question was about “Leveraged long position crypto”that’s why had to mention about eth and altcoins 😀 Binance UK futures The shear amount of coins available for east trading is what makes Binance better than Binance. It operates the largest electronic trading platform in the U. US, far away, far away. for VIP 0, futures maker / taker rates trade fees are 0. It was in 2019 when i first tried futures market, in kucoin exchange. That's the first Technical analysis method I learned while doing futures last year. nccrl qmktcde qcemzn mbnd bdpl mrdhze mycizdsx plt eekvwffi brlxtn