The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

is a cryptocurrency trading platform that everyone can use to start making money from the exciting world of Bitcoin and other forms of cryptocurrency. With so many disreputable trading platforms out there, it can be difficult to know whether you should entrust your funds and trades to any given company, but Binance is one of the most well-known and reliable, and is taken seriously by the vast majority. Used by beginners, the exchange is also trusted and loved by many investors. There must be some investors who don’t know how this Binance contract works? Let the article from Binance Circle guide you through Binance exchange contracts.

 How to play the Binance contract?

Getting started with the contract is very simple. You must first open a Binance account. You can check out the Binance registration tutorial.

1. On the Binance official website, on the Binance homepage, click [Derivatives]-[Binance Contract Overview]. Alternatively, you can go directly to the contract trading interface.

2. If you already have a Binance account, please click [Login], or click [Register] to create an account.

3. After you log in, please click [Open Account].

4. You will be redirected to the contract trading interface. You can enter the contract referral code provided by your friend (optional) and click [Open Account Now] to open your contract account.

5. Your contract account has been successfully created, and you can start trading after you transfer funds to the account.

Please note that you must enable two-factor authentication (2FA) to trade on Binance Futures.

6. Select the [Futures Contract] you intend to trade in the upper left corner of the page.

7. Use the Price List to identify potential trade setups based on Binance Futures patterns or any technical indicators.

8. Select [Margin Mode]. This mode is only applicable to the selected futures contract. Choose between [Full Margin] and [Isolated Margin], and then click [Confirm].

9. Then, you need to [Adjust Leverage] and click [Confirm].

Please note: High leverage means high risk, and it is not recommended to use high leverage without a sound risk management strategy.

10. Select [Order Type] - [Price] - [Scale], switch between the [Take Profit/Stop Loss] functions, set your [Take Profit] and [Stop Loss] orders, and click [Buy/Do] Choose between long] or [sell/short] positions.

Learn more about order types and take profit/stop loss orders!

 How about Binance exchange?

Binance offers most of the services that someone looking to start trading cryptocurrencies might need. That is, this is a pure cryptocurrency exchange. This means that the business does not facilitate fiat currencies.

While this may seem like a limitation, it ensures that businesses don’t need to deal with the red tape and regulations that traditional trading platforms face. After all: this decentralized and unregulated nature is a big selling point of cryptocurrencies in the first place!

What you can do is buy 6 different cryptocurrencies via credit card. This is thanks to the aforementioned partnership with Simplex as a broker. However, this does incur a 3.5% fee. Overall, this is a welcome feature as it means you can do more of what you need to do from one portal.

When using the tool, users can choose between basic and advanced versions of the UI. This is a great option because it offers the fine-grained depth and control anyone might need without being too overwhelming for first-time users of the platform.

The above content is a detailed explanation by the editor of the currency circle on how to play the Binance contract. When using the basic interface, you will be able to quickly view markets and trading pairs, making switching pairs very simple. In contrast, the advanced view provides in-depth charting tools. That said, even the basic view is a bit much for complete beginners. The exchange does recommend that everyone do some research and get a basic feel for cryptocurrencies before diving in and getting started, plus Binance offers services globally and offers a wide range of different cryptocurrencies to start trading, including Bitcoin. , Ethereum, BNB, XRP, Tether and more.