What is Binance Futures Leveraged Trading? How to activate your account?

Leveraged trading is a strategy that involves borrowing money to increase the potential return on an investment. In the case of Binance Futures, investors can enter positions with higher trading volume by borrowing funds from Binance or other investors. In this way, they can earn a larger amount of cryptocurrency with a smaller initial investment. The leverage offered by Binance Futures Futures may vary depending on the specific trading pair and market conditions. Currently, Binance offers up to 125x leverage on select trading pairs. This means that if an investor deposits 100 USD, they can control 12,500 USD worth of cryptocurrencies.

How to Use Binance Futures Leveraged Trading?

The first step in using Binance Futures leveraged futures trading is to create an account on the Binance platform and complete the required KYC (Know Your Customer) verification process. This ensures regulatory compliance and helps protect the platform and its users from fraudulent activities.

Once you deposit funds, it is crucial to understand the risk associated with leveraged futures trading. The leverage factor determines the extent to which funds can be borrowed and magnifies potential profits or losses. However, increasing leverage also increases risk. Therefore, it is important to start with lower leverage rates and gradually increase them as you become more experienced and comfortable with the platform. Don't forget to use Stop Loss. To use the Binance leverage system, users must first enable the margin account feature on their Binance account. Click on the Futures section and continue by typing the reference code in the section on the right side of the screen.

When trading, you can choose the leverage level ranging from 1x to 125x.

To activate your Binance Futures Futures Leveraged Trading account

You can use our reference code 48162505.

Thank you for reading, Emre A.