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How to Avoid Getting Liquidated When Trading Crypto Futures
My crypto trading journey began during the pandemic when my friend introduced me to Binance.
After learning about crypto and trading and after checking several other crypto trading platforms, I settled on Binance mainly because of how quick and easy it was to transfer funds in and out of the market and in having these funds in my local currency.
The platform is also very easy to navigate, has a wide range of trading pairs to trade, is very innovative, and is trustworthy as I feel my funds are always safe.
I started by spot trading then after mastering it and coming up with a trading strategy that suited me best, I moved to margin trading before finally gathering the courage to move to futures trading.
When I finally figured out futures trading, I found myself wishing I had ventured into it much earlier, especially during the pandemic-fueled bull market. I would have made a killing!
As risky as it is, I have found futures trading to be easier than spot or margin trading. It puts you more in control and if you know what you are doing, you can make some money much faster than when trading spot or margin. This is because of the use of leverage where you make money using other…
