What are Binance futures?

Binance futures are crypto futures that enable traders to trade digital currencies without actually possessing the underlying assets. Futures in cryptocurrency work similarly to futures in equities and stock indices. Binance futures derive their future price from the underlying crypto asset, like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, etc.

How many contracts does Binance offer?

Binance currently offers more than 90 contracts across USDT and coin-margined instruments. How Do Binance Futures work? Binance futures work the same as equity and stock indices futures.

How do I adjust the leverage on Binance futures?

Binance Futures allows you to manually adjust the leverage of each contract. To choose a specific contract, go to the top left of the page and hover over the current contract (BTCUSDT by default). To adjust the leverage, go to the [Order Entry] section field and click on your current leverage amount (20x by default).

Is Binance a good investment?

Of course, leverage on Binance decreases as the trading amount increases, but you will still get attractive leverage. Hence, you can trade on Binance futures for a much lesser investment while enjoying the same level of benefits. That’s why the majority of traders prefer derivatives trading on Binance over spot trading.