Binance Futures

⚠️ Disclaimer: 🇳🇱 Dutch users are not able to access the spot and derivatives markets on Binance. It is important to understand the legal and regulatory framework in your country before using cryptocurrency exchanges. ⚠️

Binance has emerged as a platform and global player that can’t be ignored. More recently, Binance launched their future trading platform which is a protected area for which you need to create a new ‘Futures account’.

Binance futures trading works different than spot trading and is therefore not recommended for beginners. Futures requires a different approach and also involves different risks.

What are future contracts on Binance?

Futures are contracts related to an underlying asset. You can get in at any time with a predetermined price and date in the future. You speculate on a decrease in value (short position) or increase in value (long position).

Futures contracts in general are also often used to trade on leverage. This carries great risk because you are borrowing money to take a position, so your profits can be greater as well as your losses. On top of that, the cryptocurrency market is very volatile which further increases your risk. But if you know what you are doing, futures trading can be lucrative.

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