Trading futures on Binance: main aspects and instructions💸

1. Types of futures on Binance
   - USDT futures:  
     - Denominated in the stablecoin USDT, perpetual and quarterly contracts are available.  
     - Calculations are made in USDT, so it is necessary to fund the futures account with this stablecoin.  
   - BUSD futures:  
     - Similar to USDT contracts, but denominated in BUSD. Only perpetual contracts.  
   - COIN-M futures:  
     - Calculations in base cryptocurrency (for example, BTC for BTCUSD). Quotes in USD, perpetual and quarterly contracts are available.  
 2. How to start trading  
   - Registration and verification:  
     - Complete KYC to access the futures account.  
   - Account funding:  
     - Transfer funds from the spot wallet to the futures wallet (for example, USDT → USDⓈ-M Futures).  
   - Contract selection:  
     - In the 'Derivatives' section, select the appropriate type of futures (USDS-M or COIN-M) and instrument (for example, BTCUSDT).  
3. Key features of trading
   - Leverage:  
     - Up to 125x for USDT/BUSD futures. Beginners are recommended to use 5x–10x to minimize liquidation risk.  
     - Example: With 10x leverage and a deposit of $100, you can open a position of $1,000. With a 5% price increase, the profit will be $50 (50% of the deposit).  
   - Types of margin:  
     - Isolated: Risk is limited to the amount on a specific position.  
     - Cross: All funds in the account are used as collateral.  
   - Liquidation:  
     - Occurs when there is insufficient margin. For example, with a deposit of $100 and 20x leverage, a 5% price drop will result in a loss of funds.  
 4. Important updates (May 2025)  
   - Termination of support for Futures NEXT:  
     - From May 28, 2025 (08:00 UTC), new tokens cannot be nominated or changed. All active bets will be returned to accounts.  
 5. Tips for beginners
   - Risk management strategy:  
     - Always set a stop-loss (for example, risk $10 for a profit of $20–30).  
   - Market analysis:  
     - Use indicators (EMA, RSI, MACD) to identify entry/exit points.  
   - Taxes:  
     - Futures trades are subject to taxation. Services like Crypto Tax Calculator can be used to automate reporting.  
Example of trading:  
Assume Bitcoin is trading at $96,000. With a deposit of $100 and leverage of 10x, you control a position of $1,000. If the price rises to $100,000, the profit will be $41.70 (41.7% of the deposit). If it falls to $94,000, the loss will be $20.80.  