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Trade Crypto like a Pro with Binance Strategy Trading
I have been trading cryptocurrencies on Binance for a year+ now.
When I started, I traded solely on the spot market which is the best place to start for beginners. After mastering the spot market, I moved to margin trading.
I even wrote some simple step-to-step guides for beginners that have been very well received.
I am now venturing into Futures trading and would wish to share a simple Futures Strategy Trading guide for beginners.
What is Futures trading?
Trading Futures allows a trader to profit from two different market directions.
A trader can turn profits when the market goes up (long), or when it goes down (shorting the market). Unlike the spot market where a trader only profits when the market goes up.
With Futures trading, you are usually trading with more leverage than when trading margin which could guarantee you extra profits.
But also, remember the higher the leverage the riskier the trade as a small movement in the opposite…
