Binance Futures comes under the Binance Exchange and is the fastest-growing crypto-derivative exchange by trading volume.

Launched in early 2020, Binance Futures supports the trading of both long and short positions across the crypto market. Additionally, the platform offers users with leverage of up to 125 times.

The Futures platform sits within the larger Binance platform therefore offering users exposure to cryptos via spot and futures trading.

CEO Changpeng Zhao founded Binance back in 2017 and is headquartered in crypto-friendly Malta after having moved from China.

Cryptos available on Binance Futures include:

Aave (“LEND”), Algorand (“ALGO”), Balancer (“BAL”), Band Protocol (“BAND”), BAT (“Basic Attention Token”), Binance Coin (“BNB”), Bitcoin (“BTC”), Bitcoin Cash (“BCH”), Bluezelle (“BLZ”), BzX Protocol (“BZRX”), Cardano’s ADA (“ADA”), ChainLink (“LINK”), Compound (“COMP”), Cosmos (“ATOM”), Curve DAO Token (“CRV”), Dash (“DASH”), Defi (“DEFI”), DFI.Money (“YFII”), Dogecoin (“DOGE”), Elrond (“EGLD”), EOS “EOS”), Ethereum (“ETH”), Ethereum Classic (“ETC”), ICON (“ICX”), iExec RLC (“RLC”), IOST (“IOST”), IOTA (“IOTA”), Kava.io (“KAVA”), Kyber Network (“KNC”), Litecoin (“LTC”), Maker (“MKR”), Monero’s XMR (“XMR”), Neo (“NEO”), OMG Network (“OMG”), Ontology (“ONT”), Ox (“ZRX”), Polkadot (“DOT”), Qtum (“QTUM”), Ripple’s XRP (“XRP”), Serum (“SRM”), Solana (“SOL”), Sp8de (“SPX”), Storj (“STORJ”), SushiSwap (“SUSHI”), Synthetic Network Token (“SNX”), Stellar’s Lumen (“XLM”), Tellor (“TRB”), Tezos (“XTZ”), THETA (“THETA”), THORChain (“RUNE”), Tron’s TRX (“TRX”), Uniswap (“UNI”), USD Tether (“USDT”), VeCHain (“VET”), WAVES (“WAVES”), yearn.finance (“YFI”), Zcash (“ZEC”), and Zilliqa (“ZIL”).

With the broad range of cryptos on offer, Binance Futures also delivers investors and traders with numerous ways to enter the market. All deposits are made via the Binance platform, from where traders may then transfer USDT from their Binance Spot USDT Wallet to their Binance Futures USDT Wallet. For trading on the Coin futures platform, traders can simply hold collateral within their Binance Spot crypto wallet.

Please refer to the Binance Review, “Deposit” section for details on how to fund your Binance Wallets.

Contents

• Binance Futures Platform Attributes
• The Affiliate Program
• The Pros and Cons
• Brokerage Services, Supported Cryptocurrencies & Payment Methods
• Registration
• The Details
• Fees and Charges
• Binance Futures Wallets
• Deposit & Withdrawal Options
• Trading Platform
• Key features of the Binance Futures platform
• Privacy and Security
• Customer Support
• Additional Information
• Conclusion

---

Binance Futures Platform Attributes

Key attributes of the Binance Futures platform include:

• The Binance Futures exchange is easy to navigate making it suitable for advanced and the more novice trader and investor. Binance Futures allows investors to go long or short on supported cryptos.
• Users can deposit cryptocurrencies from external wallets or use a credit card, or bank transfer to deposit fiat currency on Binance. FX risk is removed, as Binance supports the deposit of all of the major fiat currencies. Once you have funded your Binance account, you can then transfer USDT to your Binance Futures account.
• Binance Futures offers 2 futures platforms:
  • USDT- Futures: Supports the trading of perpetual contracts.
  • Coin – Futures: Supports the trading of margined perpetual contracts.
• Traders can trade anywhere, with the Binance Futures platform also available on Google Play, the App Store, and Android APK. For desktops, the platform is compatible with both, iOS and Windows.
• While the Futures platform supports futures trading, the Binance platform also supports spot, margin, OTC, and PTP trading. Please see the Binance review for more details.
• Strong emphasis on security, with Binance Futures offering 2-FA and anti-Phishing measures.
• Charts are powered by TradingView – This gives users access to a wide range of indicators and drawing tools to support technical analysis.
• 24/7 – Customer support – 24 hours per day support is available via the chat page. There is also an extensive FAQ section and Learn Center to assist users to navigate the platform.

The Affiliate Program

For every new user referred to, the referrer will receive a commission on fees anytime the new referred user trades on any of the spot, margin, or futures markets.

Affiliates are free to invite new users via either a spot referral link or futures referral link and receive commissions.

Futures Referrals:

• If the inviter’s daily average BNB account balance is less than 500BNB, their referral base is 20%. The inviter will share 10% with a friend, leaving the inviter with a 10% referral bonus.
• In cases where the daily average BNB account balances are greater than 500BNB, their base referral rate is 30%. The inviter will share 10% with a friend, leaving the inviter with a 20% referral bonus.
• Future affiliates base referral rate is 40%, of which they will share a 10% discount for the first 30 days, with a friend.

Do note that if a user invites a referral via a Spot referral link, the inviter receives a referral commission on the friend’s fees generated from trading on any of Binance’s spot or futures markets. Please refer to Binance Review for spot referral details.

If an inviter invites a friend via a Future referral link, referral commission is earned across spot, margin, or futures markets trading.

The Pros and Cons

Pros

• A user-friendly platform, with plenty of tutorials and support to assist in familiarizing yourself with the platform.
• Binance Futures also provides a demo account to also become acquainted with the platform.
• Binance Futures offers traders access to a particularly wide range of cryptos that include the most popular cryptos in the market.
• Supports the deposit and withdrawals of crypto and fiat money via the Binance platform.
• Strong emphasis on security, with an array of security measures to protect investor assets.
• Comprehensive support center, Futures tutorials, and 24/7 customer support.

Other positives include

• KYC verification delivering an additional protection layer for Binance Futures users.
• Mobile Compatible: Android, Google Play, and the App Store.

Cons

• KYC compliance will be positive for some, while considered negative for traders seeking anonymity.
• More novice traders may find the platform difficult to use. There are appropriate tutorials and a demo account to allow users to familiarise themselves with the platform.

Brokerage Services, Supported Cryptocurrencies & Payment Methods

The Platforms

Binance Futures supports the trading of crypto derivatives.

There are three offerings under the Binance Derivatives platform:

USDT Futures

USDT margined with no expiration date and up to 125x leverage.

Supported cryptos paired with Tether (“USDT”) include:

Aave (“LEND”), Algorand (“ALGO”), Balancer (“BAL”), Band Protocol (“BAND”), BAT (“Basic Attention Token”), Binance Coin (“BNB”), Bitcoin (“BTC”), Bitcoin Cash (“BCH”), Bluezelle (“BLZ”), BzX Protocol (“BZRX”), Cardano’s ADA (“ADA”), ChainLink (“LINK”), Compound (“COMP”), Cosmos (“ATOM”), Curve DAO Token (“CRV”), Dash (“DASH”), Defi (“DEFI”), DFI.Money (“YFII”), Dogecoin (“DOGE”), Elrond (“EGLD”), EOS “EOS”), Ethereum (“ETH”), Ethereum Classic (“ETC”), ICON (“ICX”), iExec RLC (“RLC”), IOST (“IOST”), IOTA (“IOTA”), Kava.io (“KAVA”), Kyber Network (“KNC”), Litecoin (“LTC”), Maker (“MKR”), Monero’s XMR (“XMR”), Neo (“NEO”), OMG Network (“OMG”), Ontology (“ONT”), Ox (“ZRX”), Polkadot (“DOT”), Qtum (“QTUM”), Ripple’s XRP (“XRP”), Serum (“SRM”), Solana (“SOL”), Sp8de (“SPX”), Storj (“STORJ”), SushiSwap (“SUSHI”), Synthetic Network Token (“SNX”), Stellar’s Lumen (“XLM”), Tellor (“TRB”), Tezos (“XTZ”), THETA (“THETA”), THORChain (“RUNE”), Tron’s TRX (“TRX”), Uniswap (“UNI”), USD Tether (“USDT”), VeCHain (“VET”), WAVES (“WAVES”), yearn.finance (“YFI”), Zcash (“ZEC”), and Zilliqa (“ZIL”).

Coin Futures

Token margined with or without expiry dates and up to 125x leverage.

Supported crypto contracts include:

Binance Coin: BNBUSD Perpetual.

Bitcoin Cash: BCHUSD Perpetual

Bitcoin: BTC/USD Quarterly and BTC Perpetual

Cardano’s ADA: ADAUSD Quarterly and BTC Perpetual

Polkadot: DOTUSD Perpetual

EOS: EOSUSD Perpetual

Ethereum: ETHUSD Quarterly and BTC Perpetual

Ethereum Classic: ETCUSD Perpetual

LINK: LINKUSD Quarterly and BTC Perpetual

Litecoin: LTCUSD Perpetual

Ripple’s XRP: XRPUSD Perpetual

Tron’s TRX: TRXUSD Perpetual

Leveraged Tokens

Allows traders to access 3x leverage without the risk of liquidation.

Tokens on offer include:

Bitcoin Up / Bitcoin Down

Ethereum Up / Down

Cardano’s ADA Up / Down

LINK Up / Down

Binance Coin Up / Down

Tezos Up / Down

EOS Up / Down

Tron’s TRX Up / Down

Polkadot Up / Down

Ripple’s XRP Up / Down

Litecoin Up / Down

Payment Methods

Binance offers multiple deposit options for users. These include:

• Crypto deposit: For users who already own cryptocurrencies supported by Binance, you may transfer these to the Binance compatible wallets.
• Bank Deposit: Binance supports bank deposits for the world’s fiat currencies.
• Credit/Debit Card: Visa and Mastercard.
• 3^rd Party Payment: Via Banxa and Simplex.

Once you have funded your Binance Spot Wallet, you may convert to USDT and then make Binance Spot to Binance Futures wallet transfers.

Registration

You will need to open a Binance Account first. Please refer to Binance Review, Registration section for steps on how to open a Binance account. Also, please note that you will need to complete the verification process to be able to trade crypto derivatives.

To then open a Binance Futures account, go to the Binance Futures home page and click on “Register” on the top right-hand side of the home page. (As shown below).

In order to create a free account, you may open an account linked to your email address or mobile.

Complete the information requested. This includes either email address or mobile number and password. If you are a referral you may also enter the referral ID.

Acknowledge that you have read and agree to the Terms of Service and then click “Create Account”.

Binance Futures will send you an email to verify your email address.

Once you have verified your email address, you may log in to your Binance Futures platform and begin familiarising yourself with the platform.

As a reminder, you will need to complete the verification process to trade on the Binance Futures. Until then, there is a demo account and tutorials to help you with the learning curve.

The Details

Binance Futures supports the investing and trading of crypto derivatives. Offering two platforms, traders can trade on either:

• USDT Futures
• Coin Futures

As part of the world leading Binance exchange, traders may take advantage of multiple deposit and withdrawal options.

From the Binance platform, traders may then freely transfer funds between the Binance Spot and Binance Futures wallets.

See the “Trading Platform” section for details.

Charts

The Binance Futures platform provides traders with interactive charts to support trading and investment activity.

In order to select the crypto pairing, choose from the pairings or contracts on the left-hand side of your trade platforms.

Binance Futures offers users access to 3 chart formats:

• Original
• TradingView
• Depth

Users can view and include indicators by clicking the icon shown by the arrow below. Additionally, users can include technical drawings and adjust the timer intervals.

In order to access the charts, go to the “Trade” page. You can then select the crypto pairing/futures contract from the drop-down menu located on the top left-hand side of your “Trade” page.

Additionally, traders may also choose to display positions and open orders.

Balances and Trading History

Binance Futures provides users with a comprehensive record of all orders made under the USDT and Coin Futures platforms. These are further broken down into:

Open Orders, Order History, Trade History, Transaction History, Borrowing, Repayment, LTV Adjusted History, Collateral Liquidation History, and Interest History.

Go to the “Orders” dropdown menu located on the top right-hand side of your screen and select either USDT Futures or Coin Futures.

As shown below, Binance Futures provides a full breakdown of each order. Additionally, users may also close out trades here or cancel all orders.

On the left-hand side of the page, you will also be able to navigate across the various pages under the “Futures Orders” dropdown menu.

The above is in addition to the details of positions, open orders, order history, trade history, and transaction history that can be viewed below the charts section of your trading interface.

Traders may also view details within the Futures Wallets. Additional information available in the respective wallets include:

Positions, assets, collateral, margin balance, balance, total cross collateral, total interest, unrealized P&L, and total borrowed.

Finally, users may also view a full P&L analysis. This can be found under your “Account” dropdown menu as shown below:

Fees and Charges

Trading Fees

Binance has a tiered trading fee structure that is based upon 30-day cumulative trading volume or 24-hour Binance Coin holdings.

Traders are categorized into VIP Levels, ranging from Level 0 to Level 9.

Additionally, both maker and taker can receive a 10% discount by using BNB. Fees vary for USDT Futures and Coin Futures trading.

Please see fee structures below:

USDT Futures Trading Fees:

Coin Futures Trading Fees:

For all other fees, please refer to Binance Review, Fees, and Charges.

Binance Futures Wallets

Binance Futures provides users with wallets to fund the trading of crypto derivatives. In order to view your futures wallets, click “Wallets” on the top right-hand side of your Futures platform as shown below:

There are 2-futures wallets:

USDT Futures

Key features of the wallet include:

• Balance details:
  • • Margin balance and balance
    • Unrealized P&L and P&L analysis
    • Cross Collateral (Total)
    • Borrowed (Total)
    • Interest (Total)
• Use Cross Collateral to trade futures:
• • • Enter the amount of USDT you wish to borrow and hit enter.
    • You will then see the collateral amount required to borrow in order to trade futures.
    • In case of collateral shortfalls, acquire the USDT shortfall on the Binance platform and then transfer to the USDT Futures Wallet.

In order to fund the USDT Futures Wallet, click “Transfer” at the top of your Wallet.

Select the crypto you wish to transfer, either USDT or BNB, enter the amount then click “Confirm”.

It is worth noting that Binance does not charge fees for transferring crypto to your Futures wallets.

• You are also given your initial LTV and Daily Interest Rate.
• Once you have sufficient collateral, click “Start Borrowing”.

Cross collateral allows you to participate in Futures trading without needing to sell the coins you currently hold. The assets in your Exchange Wallet can be used as collateral without having to transfer the coins to your Coin Futures Wallet.

• Additionally, you are provided with a summary of your positions, assets, and collaterals at the bottom of the wallet.
• Users may also view their Transaction History.

Coin Futures

In order to trade Coin Futures, you will need to fund your Coin Futures Wallet.

Select the “Coin Futures Wallet” from the “Wallet” dropdown menu.

You then have the choice to either:

• Transfer the coin that you wish to trade on the Coin Futures platform from your Spot Wallet.
• Convert existing crypto into the crypto that you wish to trade on the Coin Futures platform.
• Buy Crypto: Users are redirected to the Binance Exchange in order to purchase crypto to trade on Coin Futures. Please refer to Binance Review, Payment methods for instructions to purchase cryptos.

Other wallet features include:

• Total Margin Balance and Total Wallet Balance.
• Total unrealized PNL.
• Summary of Positions and Assets.
• Transaction History.

Deposit & Withdrawal Options

Binance Futures facilitates the transfer of crypto between your Binance Futures and Binance Spot Wallets.

Please refer to Binance Review Deposit & Withdrawal Options to deposit and withdraw from your Binance Wallets.

For Binance Futures users, traders may transfer USDT to their USDT Futures Wallet. For traders looking to trade on the Coin Futures platform, users need to ensure that a sufficient crypto margin is available to enter into a trade. Traders may also transfer the coin collateral to the Coin Futures Wallet.

Users may either transfer, convert, or purchase cryptos to fund the respective wallets on the Binance exchange to fund the trading of derivatives.

Deposits

In order to trade on the Binance USDT Futures platform, users need to fund their USDT Futures Wallet.

In order to transfer USDT from your Spot Wallet to your USDT Futures Wallet:

• • Go to the Binance platform and select “Wallets”.
  • Click “Transfer”, located on the top right-hand side of the Wallet page.
  • Select either USDT or BNB from the dropdown menu.
  • Enter the amount that you wish to transfer and then click “Confirm”
  • Once your USDT Futures Wallet has been funded you may proceed to trade.
  • There are no transfer fees across the Binance wallets.

An alternative method to transfer between your Spot and Futures Wallets is available on the respective trade interfaces.

At the bottom right of your page, you may select “Transfer” and then complete a transfer from your Spot Wallet to your Futures Wallet.

Withdrawals

In order to withdraw USDT from your USDT Futures Wallet, you may transfer your USDT balance to your Binance USDT Spot Wallet:

• • Go to your USDT Futures Wallet.
  • Select “Transfer”.

• • Click the “Switch” icon as shown by the arrow below to transfer from your USDT Futures to USDT Spot Wallet.
  • Enter the amount or choose the percentage you wish to transfer and then click “Confirm”.

Once you have transferred your USDT to your Spot Wallet, follow the instructions on the Binance Review, Withdrawals to withdraw funds.

Trading Platform

Binance Futures provides traders with 2 futures trading platforms, these being the USDT Futures and Coin Futures platforms.

USDT Futures support margined trading with no expiration date and up to 125x leverage.

Coin Futures supports token margined trading with or without expiry dates and up to 125x leverage.

In order to access the respective futures trading platforms, go to “Derivatives” and select “USDT Futures” or “Coin Futures”.

USDT Futures Trading

Once you have funded your USDT Futures Wallet, you’re ready to trade.

• • Select the Crypto/USDT pairing that you wish to trade from the dropdown menu on the Left-Hand-Side. (You may also choose from a selected number of pairings shown at the top of the page).
  • Choose between “Cross” and “Isolated” Margin Modes and select your leverage. (These are located on the left-hand side of the page).
  • Go to the “Place Order” section on the right-hand side.
  • Choose order type: Limit Order, Market”, or “Stop Market”.
  • In the case of “Limit Order” enter your entry price and order size.
  • To mitigate risk, click “TP/SL” and enter your take profit and stop-loss levels. (You may choose from “Mark” or “Last” price, see below)
    • Mark Price: This is designed to prevent price manipulation. The Mark Price is calculated using a combination of funding data and a basket of price data from multiple spot exchanges. Your liquidation prices and unrealized P&L are calculated based on the Mark Price.
    • Last Price: This is the Last Price that the contract was traded at. In order words, the last trade in the trading history defines the Last Price. The Last Price is used for calculating your realized P&L.

Once you have completed your trade parameters, click “Buy/Long” or “Sell/Short”. Upon execution of your trade, the trade details can be viewed at the bottom of the trade page under “Positions”.

On your first trade, you will be prompted to take a quiz and must get 100% to proceed to trade upon clicking “Buy/Long” or “Sell/Short”.

Once you have passed the quiz, click “Trade Futures”.

Coin Futures Trading

After funding your Spot wallet for the crypto that you wish to trade on the Coin Futures platform, you’re ready to trade.

• • Select the Crypto and contract that you wish to trade from the dropdown menu on the Left-Hand-Side.
  • For demonstrative purposes, we have chosen BTC/USD Perpetual.
  • Choose between “Cross” and “Isolated” Margin Modes and select your leverage. (These are located on the left-hand side of the page).
  • Go to the “Place Order” section on the right-hand side.
  • Choose order type: Limit, Market”, or “Stop Limit”.
    • Under Stop Limit you have 3-options:
      • Stop Limit: Stop limit orders execute when a specified stop price is reached.
      • Stop Market: Stop marker orders execute when a specified price is reached.
      • Trailing Stop: Allows traders to send a pre-set order to the market when a market swing takes place.
  • In the case of a “Limit Order” enter your entry price and order size. Here, you are advised of the price of a single contract. Your order size is in contract numbers.

Once you have completed your trade parameters, click “Buy/Long” or “Sell/Short”. Upon execution of your trade, the trade details can be viewed at the bottom of the trade page under “Positions”. Here, you are also given the “Mark Price”, “Liq. Price”, “Margin Ratio”, “Margin”, “PNL”, “ADL”, “Close All Positions”, and “TP/SL” options.

On the trade page, alongside “Positions”, you may also view “Open Orders”, “Order History”, “Trade History”, and “Transaction History”.

Prior to execution, your order will appear under “open orders” as shown below. Prior to execution, you may cancel one or cancel all open orders.

Key features of the Binance Futures platform

Wallets: Binance Futures offers users with USDT Futures and Coin Futures wallets to hold collateral required to margin trade.

Mobile Trading: Binance Futures is mobile compatible and is available on Google Play, Android APK, and the App Store.

Interactive Charts: Supported by TradingView, users have access to a wide selection of indicators to carry out technical analysis.

Support Centre: A comprehensive library of articles to assist in queries and to help navigate the platform. Users may also chat directly with customer support. Additionally, Binance has a Learn section, proving users with detailed guides on how to buy cryptos.

Research: Binance delivers its users with institutional-grade analysis and reports.

Deposits and Withdrawals: Simple wallet to wallet transfer, with all Binance to Binance Futures wallet transfers free of charge.

Earn Bonus: Via the referral program, users may invite friends directly from the Earn Bonus page. Affiliates can earn 10% and their referrals can save 10%. Go to the page and click “Invite now”. Copy the referral link and share it with your friends so that they can use the referral link when opening an account. There is also a QR code…

Tournament: Binance Futures launches tournaments, with lucrative prizes for winning participants. Go to the Tournaments page to view tournaments and take part.

Leaderboard: The leaderboard shows some of the highest performing traders across Binance Futures. Rankings are based on ROI or P&L.

Orders: Binance Futures provides a breakdown of open orders for the two futures platforms. In addition, users may also view “Order History”, “Trade History”, “Transaction History”, “Borrowing and Repayments”, “LTV Adjusted History”, “Collateral Liquidation”, and “Interest History”.

P&L Analysis: Provides a comprehensive P&L analysis, with users able to define time parameters.

Privacy and Security

Binance delivers a high-level of security to users to protect personal information and user assets across the Binance and Binance Futures platforms. Security measures include:

YubiKey 2-Factor Authentication: A YubiKey is a hardware device that you can use on Binance Futures as a 2FA method to enhance account security.

Google Authentication: Used for withdrawals and security modifications.

SMS Authentication: Used for withdrawals and security modifications.

E-mail Address: Used for withdrawals and security modifications.

Additionally, Binance Futures also delivers the following measures that complete a comprehensive security suite:

Device Management: By clicking “Manage” users can view devices permitted to access your account. Here users may also delete unwanted devices.

Address Management: Address management allows users to save and write memos for each of the withdrawal addresses. There is also the option to Whitelist, which helps you protect your funds by only allowing withdrawals to whitelisted addresses.

Anti-Phishing Code: By setting up an Anti-Phishing code, you will be able to differentiate from Binance Futures emails and phishing attempts.

Account Activity: Provides users with account activity. This is categorized into login activity and security activity.

To improve your security settings, go to “Security” from your account drop-down menu as shown below.

Customer Support

In order to contact customer support, there are various options available:

Click the “Chat” icon that is located at the bottom right of your Binance Futures page. Please note, however, that only users that have held a Futures account for at least 7-days may access “Chat”.

Within the first 7-days, please refer to Binance Review, Customer Support for recommended ways to receive support.

You may either send a message or use the search option to find the answer to your question.

Customer support is extremely responsive and delivers support 24/7.

Alternatively, you may submit a support request from the Support section. The Support section is located at the bottom of the Binance Futures Home page as shown below:

At the bottom of the Binance Home page, there is also a Learn section. Binance Futures also delivers comprehensive tutorials and guides to trade crypto futures.

Social Media: Binance Futures has a particularly strong social media presence:

Facebook: https://www.facebook.com/Binance Futures

Twitter: https://twitter.com/Binance Futures

Reddit: https://www.reddit.com/r/Binance Futures

YouTube: https://www.youtube.com/Binance Futuresyoutube

Instagram: https://www.instagram.com/Binance Futures/

VK.com: https://vk.com/Binance Futures

Additional Information

Binance and Binance Futures provide users with access to a full suite of articles and training guides to help navigate the exchange.

From the Binance Futures home page, go to the “Info” dropdown menu and select “Guide” for detailed navigational support.

Additionally, users may scroll down to view popular training articles and a full training guide and video tutorials on how to trade on Binance Futures.

Users can click the “Support” link and search filed articles on the Binance platform. Traders may also scroll down to the bottom of the Binance platform page to access the Support Center to access the FAQs.

There is also a Binance Academy for users to become well versed in the world of crypto and blockchain.

Some of the more frequently asked questions on Binance Futures include:

Do I need to complete the verification process to trade on Binance Futures?

Yes, you must complete the verification process. Additionally, traders must get 100% on a Binance Futures quiz to be permitted to trade on the platform.

How to complete identity verification?

Choose “user-center”-“identification” and then click “Verify” in the identity verification section. Follow the steps and have photocopies of your ID ready to upload.

There is also an advanced varication that uses facial verification. Click here for full details.

Is it free to transfer cryptos between the Binance Spot and Binance Futures Wallets?

Yes, there is no charge to transfer between the Binance Wallets.

Conclusion

Binance Futures gives traders access to an extensive list of cryptos and derivative contracts to trade.

Traders are able to go long or short on margin, with leverage to enhance earnings. In the volatile crypto market, the ability to capture both bearish and bullish moves is particularly important.

With the platform linked to the Binance exchange, traders are able to take advantage of the Binance’s deposit and withdrawal offerings.

The extensive range of cryptos on offer, up to 125x leverage, and tutorials available along with a demo account, to familiarize oneself with the platform, make Binance Futures hard to beat.