Binance is a trustworthy exchange to take into account if you are thinking about trading futures contracts. However, you must answer all of the questions in the Binance Futures quiz correctly before you can start. The following details will give you a thorough grasp of the procedure, the costs involved in trading futures contracts, and all of the Binance futures quiz answers for 2025 if you’re new to futures trading.
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Is the Binance Futures quiz ready for you?
Because the questions will differ, make sure you take the quiz on Binance’s desktop version at binance.com rather than the Binance mobile app. There are three options for each question.
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All of the 2025 Binance Futures quiz answers are available here.
1.What is the maximum loss that may occur when engaging in futures trading?
Answer:- Check your network, save screenshots or related information, and ask for help from customer service.
2. When futures balance is liquidated, what price is it based on?
Answer: Mark Price
3.Are you aware that after the future is forcedly liquidated, in addition to the loss of the position, Insurance Clear Fee (= Position nominal value * Liquidation fee rate) will occur, which may decrease your futures wallet balance to zero?
Answer: Yes, I am aware of the existence and calculation of the Insurance Clear Fee and the risks that may cause the balance to return to zero.
4. There is a maximum number of orders for each future. Which action should I take?
Answer: Once the maximum quantity limit is reached, the order will fail, and an error will be reported, but I believe the order will be placed successfully if I try as many times as I can.
5. Which of the following apply when using a stop-market order?
Answer: After the stop-profit and stop-loss price is triggered, the transaction will be executed immediately at the market price, and the transaction price may not be equal to the trigger price.
6. Which of the following is correct to use Stop-Limit Order?
Answer: After the stop-profit and stop-loss price is triggered, the order will be placed at the limit price immediately, but the limit order may not necessarily be filled because the price has moved away.
7. What kind of behavior should I avoid when engaging in futures transactions?
Answer: Strong gambling, trading addictions, continuous losses, and blaming others.
8. To continue trading on the futures, I have:
Answer: Understood the rules and risks of engaging in futures transactions, and I agree that any loss incurred in the transaction is my responsibility regardless of the platform.
9. Due to network delays, system failures and other possible factors which may lead to suspension or deviation of Binance Futures service execution, Binance will use commercially reasonable efforts to ensure but not promise that Binance Futures service system runs effectively. Binance shall not be liable for the final execution results due to the above factors.
Answer: Agree
10. Profit and loss (PnL) in futures are calculated by:
Answer: After closing a position, according to the opening price and closing price to calculate actual profit and loss.
11. When you encounter a failure to trade constantly, you must:
Answer:Check the network and retain information for customer service.
12. Futures fees include:
Answer: In addition to the order commission, positions also produce capital expenses and liquidation expenses.
13. In Coin-margined futures trading, what kind of currency can be used as margin:
Answer: The currency of this future.
14. In the event of a service disruption on Binance Futures, you may use the “close all positions” function to cancel all orders and close all open positions. However, due to unpredictable factors, the final execution result of this function might deviate from your expectations, and Binance shall not be liable for the final results.
Answer: Agree
/ You can claim a welcome reward of up to 10,055 USDT🎁\
One of the best places to bet on the price of cryptocurrencies in the future is on Binance Futures, the market leader in cryptocurrency derivatives. Numerous cryptocurrencies are available on Binance Futures, and the exchange is constantly adding more coins. Trading on Binance Futures or any other crypto derivatives exchange platform is different from traditional cryptocurrency trading in that users are not required to actually own the underlying asset.
Traders instead use much smaller sums of money to speculate on whether the price of a futures contract will go up or down. If a trader believes that the value of a futures contract will rise over time, they are “going long” on that contract. Another option would be to sell a futures contract at a loss in the hopes that its value will fall. This allows traders to mitigate losses or maximize gains in an unpredictable market.
The risks associated with futures trading can be complex, which is why Binance has launched the Binance Futures Responsible Trading initiative to educate its users. Before opening a futures trading account with Binance, all traders should familiarize themselves with the project’s best practices to ensure they understand the complexity of futures trading.
1.First of all, create an account on Binance.com and complete KYC verification (Skip this if you have already done so).
2.Join the Telegram channel.
3.Start the quiz.
One of the best places to bet on the price of cryptocurrencies in the future is on Binance Futures, the market leader in cryptocurrency derivatives. Numerous cryptocurrencies are available on Binance Futures, and the exchange is constantly adding more coins. Trading on Binance Futures or any other crypto derivatives exchange platform is different from traditional cryptocurrency trading in that users are not required to actually own the underlying asset.
Traders instead use much smaller sums of money to speculate on whether the price of a futures contract will go up or down. If a trader believes that the value of a futures contract will rise over time, they are “going long” on that contract. Another option would be to sell a futures contract at a loss in the hopes that its value will fall. This allows traders to mitigate losses or maximize gains in an unpredictable market.
The risks associated with futures trading can be complex, which is why Binance has launched the Binance Futures Responsible Trading initiative to educate its users. Before opening a futures trading account with Binance, all traders should familiarize themselves with the project’s best practices to ensure they understand the complexity of futures trading.
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
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