Stop limit order එකක් දාලා Profit ගමු | Binance Stop Limit Order LIVE TRADING in sinhala
Welcome to ❤ CRYPTO BULLS youtube channel !!! ' ' CRYPTO BULLS® ACADEMY Telegram Channel - https://t.me/CRYPTO_BULLS_ACADEMY Crypto Bulls 360_Community Telegram Group - https://t.me/+joiuYoVdz98yMDdl Crypto Bulls Whatsapp Group - https://chat.whatsapp.com/ERGK4OVgoYp... ⭕USDT මිලදීගැනීමට - 0789155958 WHATSAPP Binance Futures is a platform offered by Binance that allows users to trade cryptocurrency derivatives, specifically futures contracts. Here's a step-by-step guide on how to start trading on Binance Futures If you don't already have a Binance account, you need to create one. Visit the official Binance website and sign up for an account. To access Binance Futures and increase your trading limits, complete the Know Your Customer (KYC) verification process. This typically involves providing identification documents. Before you can start trading futures contracts, you need to deposit funds into your Binance account. You can deposit cryptocurrencies or fiat currency, depending on your preference. Once you have funds in your Binance account, transfer them to your Futures Wallet. This separation helps manage risk and margin requirements more effectively. Familiarize yourself with risk management principles, including leveraging and position sizing. Futures trading can be highly leveraged, which means that gains and losses can be amplified. Binance offers a variety of futures trading pairs. Select the cryptocurrency pair you want to trade. For example, if you want to trade Bitcoin, you can choose the BTC/USDT futures pair. Decide whether you want to go long (buy) or short (sell) the cryptocurrency. You can place various types of orders, including market orders, limit orders, and stop orders. Keep a close eye on your open positions, as cryptocurrency markets can be highly volatile. You can set stop-loss and take-profit orders to manage risk. Binance Futures allows you to choose your leverage level when opening a position. Be cautious with leverage, as it can amplify both gains and losses. Ensure you understand how margin trading works. When you want to exit a position, you can place a closing order. This can be a market order or a limit order to take profit or cut losses. Periodically review your trading performance and learn from your successes and losses. Adjust your trading strategy as needed. If you wish to withdraw your profits or remaining funds, you can do so by transferring them from your Futures Wallet to your Spot Wallet. Keep up with cryptocurrency news and market analysis to make informed trading decisions. Binance Futures offers a range of trading tools, including charts, indicators, and trading bots, to help you in your trading journey. It's crucial to start with a clear strategy, manage your risk, and only use funds you can afford to lose when trading futures contracts, as they can be highly volatile and speculative. #binance #future #trading
