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How to Interact With Experienced Traders in Binance Futures

2022-07-22

Main Takeaway:

  • Binance Futures allows traders to freely share and discuss investing strategies, technical analyses and price projections. 

  • The Chat Room enables traders to have profound conversations, while Binance Live allows users to listen to lessons from renowned analysts.

  • We also have a Leaderboard where users can meet some of the highest performing traders in the world’s largest crypto derivatives exchange by trading volume.

Traders who aim to succeed in this profession may be familiar with the saying “plan your trade and trade your plan.” While it is essential to implement a robust risk management strategy to avoid being influenced by emotions, understanding the factors that drive market trends is a must. 

To become a successful trader, it is imperative to stay up-to-date with the technical and fundamental forces that can affect the cryptocurrency market. The more you learn about the different dynamics that play a significant role in the market valuation of any cryptocurrency, the more you will be prepared to identify triggers for a potential spike in volatility. Therefore, understanding the impact of past and current events can help you stay ahead of the curve.

Binance Futures makes it easy for everyone to share news, insights, strategies and thoughts about the cryptocurrency market. We have built different features that allow traders to communicate and help each other succeed while following us on Twitter, @BinanceFutures, will keep you updated on all things Binace Futures. 

So let’s explore how you can engage with more than 29 million active traders on the world’s largest crypto derivatives exchange by trading volume. 

The Chat Room

The Binance Futures Chat Room is a knowledge-sharing environment that offers a unique opportunity for traders to stay up to date on the latest trends in the cryptocurrency market and get actionable information about potentially profitable trades. It enables novice traders to learn from the rookie mistakes that more experienced traders made along the way. 

You can even share your open USDⓈ-M and COIN-M Futures Contracts positions and the performance of your trades with like-minded traders. More importantly, the Chat Room gives you the opportunity to discuss trading strategies with your team members whenever you are participating in any of our trading tournaments, like the Futures Grand Tournament. 

How to Access the Chat Room

  1. Go to Binance Futures and click [Log In] or [Register] to open a new account. 

  2. Once you have logged in, click [Chat Room] at the bottom right corner of the trading interface

  3. Type in your name and click [Enter Chat Room]

If you’re using the Binance App, simply [Log In] or [Register] to open a new account, click [More] on the [Home] page, scroll down to [Information] and click [Chat Room] to engage with other traders on Binance Futures.

The Leaderboard

The Binance Futures Leaderboard is an essential tool that allows traders to meet some of the highest performing traders in the world’s largest crypto derivatives exchange by trading volume. It reveals the return on investment (ROI) of various traders, their profit and losses (PnL), as well as their open positions.  

You can even follow the best and worst performing traders on Binance Futures to look at what they do so you can bet on the winners or against the losers. More importantly, the Binance Futures Leaderboard gives you the opportunity to rank up and make a name for yourself. 

How to Access the Leaderboard

Go to Binance Futures Leaderboard to access this tool directly. If you’re using the Binance App, simply [Log In] or [Register] to open a new account, click [More] on the [Home] page, scroll down to [Information] and click [Leaderboard] to meet the highest performing traders in Binance Futures.

Binance Live

Binance Live is a live video streaming platform where Binance Futures users can watch exclusive sessions from thought leaders in the cryptocurrency industry. It enables traders to tune in to professional technical analyses and listen to lessons from renowned analysts in the space. 

There are plenty of categories and topics to choose from in Binance Live, including GameFi, NFT, Metaverse, and Trading, to name a few. You can also replay live streams if you missed out on a particular topic. 

If you want to increase your exposure and become a Binance Live-Streamer, please apply here and make sure to follow the official Binance Futures channel on Binance Live.   

How to Access Binance Live

Go to Binance Live to access this live video streaming platform directly. If you’re using the Binance App, simply [Log In] or [Register] to open a new account, click [More] on the [Home] page, scroll down to [Gift & Campaign] and click [Binance Live] to see what traders worldwide are watching.

Summary

Binance Futures offers a wide range of features and tools that allow you to stay connected with more than 29 million traders worldwide. Our goal is to make conversations more profound and keep a healthy environment where everyone feels comfortable speaking their minds. So the next time you want to discuss trading, news or any developments you see in the cryptocurrency market, simply go to the Chat Room and interact with your fellow Binance Futures traders. 

If you want to watch an informative session from a renowned trader instead, tune in to Binance Live and listen to lessons from industry leaders. And remember that we have a Leaderboard where you can gain visibility as one of the best traders in Binance Futures. 

Read the following helpful articles for more information about Binance Futures:

Disclaimer: Crypto assets are volatile products with a high risk of losing money quickly. Prices can fluctuate significantly on any given day. Due to these price fluctuations, your holdings may significantly increase or decrease in value at any given moment, which can result in a loss of all the capital you have invested in a transaction.

Therefore, you should not trade or invest money you cannot afford to lose. It is crucial that you fully understand the risks involved before deciding to trade with us in light of your financial resources, level of experience, and risk appetite. If required, you should seek advice from an independent financial advisor. The actual returns and losses experienced by you will vary depending on many factors, including, but not limited to, market behavior, market movement, and your trade size. Past performance is not a guide to future performance. The value of your investments may go up or down. Learn more here.