10 Reasons Why You Should Trade on Binance Futures
Main Takeaway:
Binance Futures offers a huge selection of cryptos with new coins being listed constantly to provide traders with the best trading experience.
Users can take advantage of low trading fees, a generously wide range of leverage, and high liquidity to perform their trades.
Multiple security features, including a $300 million Insurance Fund, are in place to ensure that users are protected 24/7.
Crypto derivatives trading is becoming more popular. Every day, more traders are taking the opportunity to use these instruments that can generate profits regardless of the market's direction. In fact, trillions of dollars are being traded every month while the range of offerings continues to expand.
With Binance, traders have a vast array of options when it comes to trading. The leading platform not only offers spot trading, but users also have the choice to engage in margin, options, and futures trading 24/7.
Buying and selling cryptocurrencies has never been more accessible than it is today. So let's explore why Binance is the world's leading crypto exchange and why you should trade futures on it!
Benefits of Trading Futures with Binance
One does not simply become the leading crypto exchange overnight. Instead, an empire is built one day at a time. Binance has climbed up the ladder to offer traders many financial products that will get them closer to achieving their goals.
Binance Futures offers a huge selection of cryptos. There are more than 530 crypto-to-crypto trading pairs, enabling users to trade anything from DeFi tokens to memecoins like Dogecoin and Shiba Inu. New coins are constantly being listed to provide traders with the best trading experience.
Thanks to its enormous selection of trading pairs, Binance Futures has become one of the most liquid derivatives exchanges in the market. Traders can always expect their buy and sell orders to get filled promptly without having to worry about slippage.
Another attractive benefit of Binance Futures is its exceptionally low fee structure. Maker/taker fees can go as low as 0.000%/0.017%, allowing traders to keep their hard-earned profits. These fees can be slashed even further by simply holding BUSD or BNB.
Binance Futures also provides a generously wide range of leverage for accounts with a balance of $0 to $50,000 so that every trader can grow their portfolio no matter their account balance.
What's even more fascinating is the ability to make profits regardless of the market's direction. With Binance Futures, traders can sell high and buy low or buy low and sell high to benefit from any price fluctuation while implementing different strategies like Grid Trading and TWAP.
With more than 28.6 million active users, Binance has built a strong reputation over the years to the point that many people worldwide would argue that if a crypto is listed on Binance, it is a legitimate project.
The vast number of Binance users has helped push trading volumes in the platform into the trillions of dollars. As a matter of fact, Binance was responsible for $7.7 trillion in crypto exchange volume in 2021 and had a 24-hour peak of $76 billion.
But with great power comes great responsibility. That's why Binance has built one of the most secure trading platforms in the world where users can enjoy different security features, such as KYC, 2FA, and Anti-Phishing Code, to protect themselves against nefarious actors.
Users can also rest assured that their funds are SAFU in Binance. Its Insurance Fund holds nearly $300 million to protect bankrupt traders from adverse losses while ensuring that the profits of winning traders are paid out in full.
Lastly, Binance offers support in 17 different languages with an incredibly intuitive and easy-to-use user interface to ensure that any trader from anywhere in the world can participate in the crypto revolution.
Don't Get Left Behind!
So now that you know a bit more about what has made Binance such a dominant crypto exchange, you can probably see why it's the preferred trading platform among futures traders. With hundreds of tradable assets, massive trading volume, and a brimming global reputation, it's no wonder why more than 28.6 million traders trust Binance.
Signing up is quick and easy, and once you are set up, trading is a breeze. So join Binance Futures and start trading today!
Read the following helpful articles for more information about trading futures with Binance:
(Blog) Crypto Futures Trading: Things You Need to Know Before You Begin
(Blog) Crypto Futures Risk and Money Management: 5 Things You Can Do to Better Manage Trading Risk
And many more Binance Futures FAQ topics...
Disclaimer: Brickhouse Trading Ltd offers Binance Futures and Options products in South Africa as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Brickhouse Trading Ltd is a member of the Binance group of companies.
