Binance leveraged trading is done through Binance Futures and Margin Trading section. First, you must verify your identity by opening a Binance account. If you have an existing Binance membership, you can access the futures section by selecting English as your language choice. Futures and margin trading sections are not used in the Turkish language option.
After changing the Binance language option to English, you can access the leveraged transaction page from Derivatives > USD-MFUTURES or Coin-MFUTURES. To continue trading and trade with Binance leverage:
Select the USD-MFUTURES section of the Coin-MFUTURES section,
A notice regarding leveraged transaction warnings will appear in English on the new page.
If you do not know English, review the statement via translation,
Link your Binance account to open a Binance Futures account,
Make transfers from your Binance wallet to Futures wallet via mobile application or website,
Examine the coins and find the coin you prefer,
Choose short or long position and then choose your order type for a safe transaction,
Determine the leverage ratio from the Adjust leverage section,
Choose between cross or isolated,
Binance leveraged transaction will be completed.
Cross and isolated are two different trading methods. Accordingly, with cross, all assets in your wallet can be used and the risk of liquidation is reduced. Isolated allows transactions to be made with a certain collateral amount, but if the collateral amount is not sufficient, liquidation occurs. While beginners generally open positions with isolated, professionals prefer to trade with cross.