Who said that everyone loves it? No. It is extremely risky and is the closest thing to a game of chance. Preferable to the roulette of a casino
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The truth about futures contracts on Binance and why it is better to stay away from them?
What does futures mean? Futures on Binance is a type of trading where you buy or sell a contract that doesn’t require you to own the actual asset, such as Bitcoin or Ethereum. The idea is that you agree on a specific price today to buy or sell the asset at a future date. The advantage of these contracts is that they let you profit whether the price goes up (long) or down (short), and you can also use leverage to multiply your profits (or losses, unfortunately).
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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