How beneficial is Binance futures trading for beginners and expert traders

by Antonio Boston marketing manager

There is no secret that crypto derivatives trading has become highly popular among traders. Every day, more and more traders are taking the opportunity to earn quick profits regardless of the market’s direction and trends. In fact, crypto derivatives including Binance futures contracts are quickly gaining popularity as traders are looking at new ways to reap the opportunities of the ever-growing crypto trading market.

And, Binance Futures trading offers a unique opportunity to its traders to enter this fastest-growing crypto derivatives market which has witnessed huge trading volume every month. Now the question is why expert traders prefer Binance Futures?

Why Binance Futures?

The spot market allows traders to buy crypto assets at anytime, but with certain limitations. And, here the traders have to even hold the assets for a while before taking out profits.

But on the other side, futures trading allow traders to diversify their portfolio and increase their exposure to a variety of cryptocurrencies without even having to hold the underlying asset.  The use of leverage in the crypto derivative trading allows for the better capital efficiency of the trader. Moreover, short-selling gives them a better chance to earn a profit even if the price drops.

Leverage trading at Binance Futures platform allows the traders to open positions which are bigger than their capital. If you can open a position which is 20 times bigger than their capital, then you have 20x available for you.

Binance Futures trading allows its traders to access a wide range of features including advanced order types that ensure a seamless trading experience. Like, if a trader places a limit order, then take profit and stop-loss can be placed simultaneously. This enables users to set a primary order and secondary order at the same time, with the former being a limit order and the latter being a stop loss and take profit order.

Such an amazing technology allows traders to plan their strategies accordingly ahead of time. This improves trading consistency and also manages the risks properly. Binance Futures is the most liquid derivates exchange in the crypto trading market that provides the user with the best offers to help them avoid unnecessary risks.

Binance Futures offers a wide selection of crypto futures options to its traders, providing numerous ways to enter the market.

Traders can access different futures product lines in the Binance Futures platform:

·         USDT-margined Futures contracts

·         Coin-margined Futures contracts

·         Binance leveraged tokens

Grid Trading

Another important feature that Binance futures offer is grid trading. It’s a crypto trading bot that automates the buying and selling of futures contracts by placing orders at preset intervals within a defined price range. By taking the advantage of ranging conditions, grid trading enables the traders to benefit the most at the time of high market volatility or during the sideways market trends.

The key benefit of considering this crypto trading bot is that it allows you to earn profit even from the smaller price changes.  The more the grids are set, the higher will the frequency of trades to be executed.

Binance Futures understands that novice traders may find it difficult to set the parameters on their own to build a grid trading strategy. For this reason, the platform offers recommended parameters to help improve the user experience while reducing the learning curve. This includes grid count, and lower and upper price limits. With these auto-set parameters, anyone can create a grid trading strategy with just one click.

Benefits of Binance Future Trading

Binance is one of the most popular crypto exchanges that offer amazing financial products to the traders which are quite beneficial for them. Let’s have a look at these:

1. The platform offers a huge selection of cryptos as there are more than 500 crypto-to-crypto trading pairs available. Additionally, new coins are also being listed constantly.
2. This is one of the most liquid derivatives exchanges in the market where traders can expect their buy and sell orders to be filled quickly without any slippage.
3. This trading platform provides a generously wide range of leverage for accounts with a balance of $0 to $50,000. This means that every trader can grow their portfolio no matter how much account balance they have.
4. Another attractive feature of this platform is its lower fee structure. Maker/taker fees are very low, allowing traders to keep their hard-earned profits.
5. The most fascinating feature of Binance Futures trading is the ability to make profits regardless of the market’s direction. With Binance futures, the traders can sell high and buy low from any price fluctuation.
6. But the most popular feature of this platform is its security. This is one of the most secure trading platforms where users can enjoy the features like 2FA, KYC, Anti-phishing, and more.

Conclusion

Even inexperienced traders can take advantage of Binance futures. The platform offers a mock trading environment to traders which lets them learn how to trade with zero risks. With different types of derivative products and enormous crypto trading pairs available, you can see why Binance Futures trading is leading among the futures traders. Whether you are a beginner or an expert trader, set up an account on Binance futures and reap the benefits of derivatives trading.

The third-party crypto trading platforms like TrailingCrypto provides a lot of opportunities to the traders who are looking to maximize their returns on trading cryptocurrencies via Binance Futures. If you choose a third-party profit or personalized strategy, you can not only automate it using several third-party platform’s crypto trading bots but you can also earn more profits on it taking advantage of the leverage offered with Futures contracts.

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Created on Apr 28th 2022 10:45. Viewed 256 times.

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