BINANCE FUTURES TRADING TUTORIAL - MOBILE APP (Step-By-Step 2022) #Bitcoin #Crypto #Binance
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Binance Futures consists of USDS-M Futures and COIN-M Futures and has a different fee structure for each of them.
It’s usually harder for most users to understand and calculate Binance Futures fees considering the complexity of futures trading.
But it is really not that difficult to calculate Binance Futures fees, and the calculation can be done in a few simple steps which we will show you in this guide.
Besides, we will show you how to reduce Binance Futures fees and pay lower futures fees by taking advantage of various Binance Futures fee discounts.
If you’re interested in futures trading but don’t have a Binance account yet, you can click the button below or use the referral ID ”HERE ” to open your Binance account with a 20% fee discount:
OPEN A BINANCE ACCOUNT
If you already have a Binance account, you can use the code ”HERE” when opening your Futures account on Binance and receive a 10% fee discount on futures trading fees.
Binance USDS-M Futures fees explained
The fee table below shows Binance USDS-M Futures fees which start at 0.02% and 0.04% for maker and taker orders respectively and lower depending on your VIP level.
To upgrade your VIP level, you don’t necessarily need to make over 15 million BUSD futures trading volume.
You can also upgrade to VIP 1 by trading 1M BUSD or more on the spot exchange and enjoy lower futures fees.
You also need to hold a certain amount of BNB in your Binance account for each VIP tier.
Binance USDS-M Futures fee discounts
If you trade BUSD-margined perpetual contracts instead of USDT-margined ones on Binance Futures, you can pay lower fees when opening and closing your positions.
BUSD-margined contracts have a maker fee of 0.012% and a taker fee of 0.03%.
Besides, you can transfer some BNB to your USDS-M Futures wallet and pay fees with BNB through which you can receive a 10% fee discount.
The amount of BNB that you need to transfer to your USDS-M Futures wallet to take advantage of this fee discount totally depends on your trading volume.
There is no minimum. If you trade a lot and pay a lot of fees, you can transfer a certain amount of BNB accordingly to be able to cover your fees for some time.
If you run out of your BNB balance quickly and there is no BNB left in your USDS-M Futures wallet, you can’t pay fees with BNB and receive a 10% fee discount.
You can always transfer more BNB to your USDS-M Futures wallet when there is no or a small amount of BNB left in your wallet.
This fee discount only applies to USDS-M Futures. You can’t use BNB to get a fee discount on COIN-M Futures trading fees.
If you open / have opened your Binance Futures account using the code ”10percentbinance” and use BNB to pay for futures fees, you can pay almost 20% lower fees (10%+10%) on Binance Futures.
If you trade BUSD-margined contracts instead of USDT-margined ones, the trading fee will be even lower.
Binance USDS-M Futures fee calculation
Let’s say we are a regular user and charged a maker fee of 0.02% and a taker fee of 0.04% for USDT pairs.
We want to open a 0.003 BTC long position at the price of 20560 USDT as can be seen in the image below:
Once our buy/long order is executed, we will be charged a trading fee of 0.01233600 USDT.
How to calculate this fee? It’s very simple.
First you should multiply your position size (0.003) by your entry price (20560). 0.003*20560 = 61.68.
So we have a 61.68 USDT worth of long position.
As you can see in the trade history above, our order was a maker order, so we were charged a 0.02% fee.
To calculate the trading fee, we just need to divide 61.68 by 100 and then multiply it by 0.02.
(61.68/100)*0.02 = 0.012336 USDT.
Alternatively, you can also divide your position size in BTC or any other coin by 100 and then multiply it by the fee rate and lastly multiply it by your entry price:
(0.003/100)*0.02*20560 = 0.012336 USDT.
It’s basically the same thing.
If it is a taker order, you should use the taker fee rate to calculate your futures fees.
When opening a long position, if your entry price is lower than the best (lowest) sell price, it will be a maker order once executed.
If you enter a price equal or higher than the best (lowest) sell price, it will be executed immediately and considered a taker order.
When opening a short position (placing a sell order), the price should be higher than the best (highest) buy price if you want it to be a maker order.
If you have BNB in your USDS-M Futures wallet, the trading fee will be in BNB instead of USDT or BUSD which you can see in your trade history.
When closing your position, the only thing that changes with regard to the fee calculation is that you should use your close price instead of entry price to calculate the fee.
To calculate the trading fee charged when we closed our position, first we should multiply our position size by our close/exit price:
0.003*20571.10 = 61.7133 USDT.
And divide 61.7133 by 100 and then multiply it by the ”taker” fee rate (0.04):
61.7133/100×0.04 = 0.02468532 USDT.
What happens if you have BNB in your USDS-M Futures wallet and also opened your Futures account with the code ”10percentbinance” ?
First you will pay a 10% lower trading fee and the fee will be deducted from your BNB balance.
Second, you will receive a 10% fee kickback, again in BNB, after the fee is charged.
So, for example, if you normally need to be charged a 1 USDT fee. You’ll be charged a fee of 0.9 USDT worth of BNB.
And then you will receive a fee kickback of 0.09 USDT worth of BNB. So you pay 0.81 USDT worth of BNB as a trading fee which is almost 20% lower.
Binance COIN-M Futures fees explained
If you trade COIN-M Futures contracts on Binance, you will be charged a maker fee of 0.01% and a taker fee of 0.05%.
Depending on your VIP level on Binance, you can pay even lower trading fees when opening and closing your positions.
But, unlike USDS-M Futures, it is not possible to use BNB to pay for fees and receive a 10% fee discount when trading COIN-M Futures contracts.
To get a 10% fee discount for COIN-M Futures, you can open your Futures account using the code ”10percentbinance” on Binance.
Binance COIN-M Futures fee discounts
As we stated earlier, it is not possible to use BNB to pay for fees when trading COIN-M Futures contracts on Binance.
So you can either increase your VIP level by trading more or open your Binance Futures account with a code that provides a fee discount to reduce Binance Futures fees.
You can enter the code ”10percentbinance” when opening your Futures account on Binance and get a 10% fee discount on futures trading fees.
To upgrade to VIP 1 level on Binance, you can trade 1M BUSD or more on the spot exchange or 15M BUSD or more on the futures exchange.
In addition to that, you should hold 25 BNB or more in your Binance account.
If you don’t trade that much, you can try placing orders that can be considered maker orders when opening and closing your positions.
This way you can pay a trading fee of 0.01% instead of 0.05%, much lower.
Binance COIN-M Futures fee calculation
Calculating Binance COIN-M Futures fees is quite simple and not that different than calculating USDS-M Futures fees.
As you can see in the trade history below, we bought one BTCUSD contract at 20439 USD and then sold it at 20350 USD.
For the BTCUSD contract, 1 contract is worth 100 USD.
To calculate the trading fee charged when we opened our position (buy order), we should first divide 100 by the entry price (20439) to find position size in BTC:
100/20439 = 0.00489260727 BTC.
So our position size is 0.00489260727 BTC. Now we should divide it by 100 and then multiply it by the taker fee rate as it was a taker order:
0.00489260727/100*0.05 = 0.0000024463 BTC.
As you can see and check in the trade history above, the calculation is correct and you can follow the same steps to calculate your futures fees before opening a position or after you open it.
We also later closed our long position of 1 BTCUSD contract at the price of 20350 USD.
To first find the position size in BTC, let’s divide 100 by the close/exit price:
100/20350 = 0.00491400491.
Now we can divide 0.00491400491 by 100 and then multiply it by the maker fee rate (0.01):
0.00491400491/100*0.01 = 0.000000491400491 BTC.
To get such low numbers like the one above (0.000000491400491) without e, you need to use a full precision calculator instead of regular calculators.
If you want to calculate the liquidation price for your positions, you can use our Binance Futures calculator.
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Binance futures mistakenly most people do trading!
Dont do the same mistake most people doing trading on binance futures trading with out Using discount code !!! to get cash back.its your money . Here is discount fees trading for active accounts ⬇️ you get 10% cash back ⬇️
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How To Open A Futures Account On Binance - Step-by-Step Guide
GET 10% FOR LIFE FEES DISCOUNT ON YOU'RE TRADING ON BINANCE
DIRECT LINK BINANCE 10% DISCOUNT FOR NEW FREE ACCOUNTS https://www.binance.com/en/futures/ref/10percentbinance
How To Open Futures Account On Binance 2022
Binance Futures has built an enterprise-grade platform with access to hundreds of crypto-to-crypto trading pairs, providing the ultimate trading experience for traders. Users can make the most out of their crypto assets in their portfolios and manage risks with Binance Futures’ complete ecosystem.
10 Reasons Why You Should Trade on Binance Futures
2022
Futures
Main Takeaway:
Binance Futures offers a huge selection of cryptos with new coins being listed constantly to provide traders with the best trading experience.
Users can take advantage of low trading fees, a generously wide range of leverage, and high liquidity to perform their trades.
Multiple security features, including a $300 million Insurance Fund, are in place to ensure that users are protected 24/7.
Crypto derivatives trading is becoming more popular. Every day, more traders are taking the opportunity to use these instruments that can generate profits regardless of the market's direction. In fact, trillions of dollars are being traded every month while the range of offerings continues to expand.
With Binance, traders have a vast array of options when it comes to trading. The leading platform not only offers spot trading, but users also have the choice to engage in margin, options, and futures trading 24/7.
Buying and selling cryptocurrencies has never been more accessible than it is today. So let's explore why Binance is the world's leading crypto exchange and why you should trade futures on it!
Benefits of Trading Futures with Binance
One does not simply become the leading crypto exchange overnight. Instead, an empire is built one day at a time. Binance has climbed up the ladder to offer traders many financial products that will get them closer to achieving their goals.
Binance Futures offers a huge selection of cryptos. There are more than 530 crypto-to-crypto trading pairs, enabling users to trade anything from DeFi tokens to memecoins like Dogecoin and Shiba Inu. New coins are constantly being listed to provide traders with the best trading experience.
Thanks to its enormous selection of trading pairs, Binance Futures has become one of the most liquid derivatives exchanges in the market. Traders can always expect their buy and sell orders to get filled promptly without having to worry about slippage.
Another attractive benefit of Binance Futures is its exceptionally low fee structure. Maker/taker fees can go as low as 0.000%/0.017%, allowing traders to keep their hard-earned profits. These fees can be slashed even further by simply holding BUSD or BNB.
Binance Futures also provides a generously wide range of leverage for accounts with a balance of $0 to $50,000 so that every trader can grow their portfolio no matter their account balance.
What's even more fascinating is the ability to make profits regardless of the market's direction. With Binance Futures, traders can sell high and buy low or buy low and sell high to benefit from any price fluctuation while implementing different strategies like Grid Trading and TWAP.
With more than 28.6 million active users, Binance has built a strong reputation over the years to the point that many people worldwide would argue that if a crypto is listed on Binance, it is a legitimate project.
The vast number of Binance users has helped push trading volumes in the platform into the trillions of dollars. As a matter of fact, Binance was responsible for $7.7 trillion in crypto exchange volume in 2021 and had a 24-hour peak of $76 billion.
But with great power comes great responsibility. That's why Binance has built one of the most secure trading platforms in the world where users can enjoy different security features, such as KYC, 2FA, and Anti-Phishing Code, to protect themselves against nefarious actors.
Users can also rest assured that their funds are SAFU in Binance. Its Insurance Fund holds nearly $300 million to protect bankrupt traders from adverse losses while ensuring that the profits of winning traders are paid out in full.
Lastly, Binance offers support in 17 different languages with an incredibly intuitive and easy-to-use user interface to ensure that any trader from anywhere in the world can participate in the crypto revolution.
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eating bullydogs dog
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DOG FUNNY DOGS
DOG FUNNY DOGS
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When I Did Push-Ups, for 30 Days What Happened
What happens when you do planks, pull-ups and push-ups every day for 30 days straight? In this video I share with you how I did the Triple P 30-Day Fitness Challenge, lessons I learned, and how much I improved.
If you decide to do this, tag me on Instagram with your posts/stories @renewalfitcoach
And if you need more help with your personal fitness, health or nutrition, contact me for a free 15-min consultation. renewalfitcoach@gmail.com
Song credit: bensound.com
License
Creative Commons Attribution license (reuse allowed)
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mechanics and factories & muscle production lines
mechanics and factories & muscle production lines video
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dog sideways!!! :D
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INTENSE STREET RACING
most INTENSE STREET RACING.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
License
Creative Commons Attribution license (reuse allowed)
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BMW i7 Features
In this new video, we take a look at the Top 5 Features of the new BMW i7 electric car. Horatiu is joined by Carina Gartner, Head of Product Management BMW 7 Series, who will explain the most exciting features on this BMW i7.
Without giving away the full list, here are a couple of the best and most unique features of this BMW i7:
- Crystal Headlights made by Swarovski
- Lounge Seating
Let's take a look at the full list and let us know which one is your favorite feature on the BMW i7 and BMW 7 Series!
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BMW M5 Hurricane V10 Bi-Kompressor
Today a childhood dream comes true for me, because I have the honor to introduce you to a BMW E60 M5 Hurricane V10 bi-compressor with Lumma wide body kit and also to drive it. Most of you will know and love the Hurricane vehicles from the TV show GRIP and the series Wolves in Sheep's Clothing featuring the M5 and M6 Hurricane.
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BMW M8 Competition vs Mercedes AMG GT63s DRAG RACE
Ladies and Gentlemen, this is your Pilot speaking, my name is Tseno, I hope you are doing great and today I have an awesome DRAG RACE! The greatest cars from the German Titans, the battle of the mighty V8's.
The BMW M8 Competition with 625hp and 750Nm against the Mercedes AMG GT63s 4Matic+ 4Door Coupe with 639hp and 900Nm. With over 1250hp in this duel, there surely will be some fierce competiton. Let's see who will be the king of them all...
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NISSAN GTR AND COFFEE!! Best Cars Meet In The World!
NISSAN GTR AND COFFEE!! Best Cars Meet In The World!
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SUPER CARS UK JUNE 2022
Supercars on the streets - Welcome back to another London supercar spotting video!
Enjoy the video! june 2022
Ferrari 812 superfast, Lamborghini Aventador SVJ, Porsche GT3, 918 Spyder, Mclaren Senna,...
#lamborghini #londonsupercars #supercars
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2022 Porsche Turbo 992 The 911 BEST Daily Supercar
2022 Porsche Turbo 992 The 911 BEST Daily Supercar
coming up next With an exclusive naturally aspirated engine and race car-inspired components, the 2022 Porsche 911 GT3 is optimized for driver engagement and track-day glory. Porsche enhances its most visceral 911 variant with a control-arm front suspension—the first on a 911 road car—and an unusual rear wing that's mounted at the top instead of the bottom. The GT3 is also the only 911 that's not turbocharged, and the responsive nature and immersive sounds of its 502-hp 4.0-liter flat-six qualify as inspirational. The specialness of the rear-mounted mill is further realized by the telepathic seven-speed PDK automatic transmission or the rewarding six-speed manual. Thanks to a unique suspension setup and track-focused tire options, the 2022 911 GT3 has a surprisingly supple, albeit firm, ride and incredible steering feel that are just a few of the reasons it's so exhilarating to drive.
Vehicle Virgins seeks to provide the most informative, relatable, funny automotive videos and reviews every day of the week. No matter what you drive, if you have a passion for cars or want to learn more about the amazing automotive community, community for a heck of a ride!
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Willy Chocolate Wonka's Factory!
Willy MILK Chocolate 🍫 Win a Tesla or be in a -
Get Honey for FREE today
the stressed look on gordon's face when he is asking them what they're doing just makes it for me. amazing work jimmy lol.
That dude deserved the win. He literally crushed every event.
Huge props to the background designers, who actually all set up this Chocolate Factory. It's incredible that they are capable for doing this, with their creativity...
Why did Willy Wonka close his chocolate factory?
This is a chocolate lovers Paradise 😍
this great guy deserved to take the victory crush with everything
#1 ON TRENDING
License
Creative Commons Attribution license (reuse allowed)
mrbeast6000,beast,mrbeast,Mr,Beast,mr
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HOW TO Drive A LAMBORGHINI ?! EVERY DAY..?
CAN YOU DRIVE A LAMBORGHINI EVERY DAY >>>>????
WHAT IS IT LIKE ?
HOW CAN IT BE ?
IS IT NORMAL ?
CAN YOU DO IT IF ITS FREE ?
MANY WAYS WE CAN THINK .
SURE IT WILL BE FUN ..
LETS WATCH AND SEE WHATS GOING TO HAPPEN ..
LET ME KNOW WHAT YOU THANK AFTER WATCHING
#Hi_5 #PositiveWays #Motoryzacja
License
Creative Commons Attribution license (reuse allowed) #5938
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UBER GIRL PRANK ! BENZ
Hi! In today's video you will see my passengers' reactions to the acceleration of the horsepower! M Performance adjustable exhaust. I was on the app and picked up passengers some time ago, but finally I was able to edit and upload material for you on YouTube!
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TOP TUNING CARS POWER!
In this video a compilation of the best Tuner cars we saw in 2019 on many car events & carshows. Accelerations, loud sounds, slides, ...
Bagged cars, static, widebody, tuner cars with a spoiler,...
Widebody alphamale Ford Mustang GT, Rocket Bunny E46 M3, Widebody Audi S4, Bagged Ferrari, Widebody 350Z, Z3 Fail, Scirocco, Golf GTI, Golf R, Supra, RX7, Datsun, E36, ....
Feel free to like , share and comment!!
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1
comment
funny uber meme.!
UBER PRANK A GIRL :DDDDDD
Seven in the morning, you hurry to work, sleepy, not in the mood ... you order an Uber, and this is coming: the new AMG c63s with 510 HP! Such was the fate of a dozen or so passengers of the application in Warsaw!
funny uber meme
__________________________________
Many thanks to Marta for the trouble!
IG Marty: Czajkowskamarta
Company IG: wm_sportcars
_____________________________________________
Car: AM c63s w205
Power: 510HP
Acceleration: by the time you blink your eye will be over the horizon
engine: 4.0 v8 biturbo
value: PLN 0.5 million
joy: priceless
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1
comment
UBER PRANK BMW M4 Competition !
UBER DRIVER PRANK BMW M4 Competition ! WATCH :DDDD
Uber Prank in the BMW M4 Convertible - in today's video I will show you what reactions this fast car evoked on passengers of various applications! It was hot, fun, extreme.
________________________________________________
At the same time, I would like to point out that no company sponsors my film, I did it myself for fun. Neither Bolt nor Uber are partners of the film. The only person who helped me record is Detailer, who gave me his recording car for free. Thank you very much Adam for the BMW M4!
________________________________________________________
Meanwhile, I am preparing something even better for you, although the bar is set quite high after this movie. There will be even more horses, even faster and even more fun! And what will this car be exactly? You will find out soon on YouTube or a little earlier on my IG: buczooo.
See you later!
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License
Creative Commons Attribution license (reuse allowed)
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HOW ITS MADE MAZDA RX7!! 2000HP 4WD MAZDA RX7!!
WATCH HOW TUNING IS DONE HOW MUCH IT COST AND HOW TIME AND POWER AND LOVE FOR MAKING THIS CRAZY RX7 2000 HP ON FIRE ..
NOT EASY JOB BUT THIS ONE IS THE MOST FAST EVER YOU SEE .... HERE ITS ALL ABOUT LOVE FOR POWER ..
WATCH .. LET ME KNOW WHAT YOU THINK
#CARS #POWER #HOW #2022 #TUNING
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83
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How To Make $1,000/Day Accelerate Money
How To Make $ 1,000 / Day Promotional Money Accelerator! Money Accelerator is the highest conversion offer I've ever made, and you can promote it as an affiliate partner and earn 60% recurring lifetime commissions! In this video I will give you an easy and fast workout in many ways that you can use to promote money accelerator for big money! P.S. Otherwise, I think I forgot to say it in this video, you can download all my videos from this YouTube channel and then briefly click on TikTok and upload again using TikTok!
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23
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FERRARI 812 GTS HOT CAR
6.5 liter engine F140 GA V12
The 812 has a 6,496 cc (6.5-liter) F140 GA V12, an enlarged version of the 6.3-liter engine used by the F12berlinetta. It delivers 800 hp (588 kW; 789 hp) at 8,500 rpm and 718 Nm (530 lb⋅ft) of torque at 7,000 rpm. [7] [8] According to Ferrari in 2018, the 812 Superfast was at that time the most powerful natural demand of the carmaker ever built. It has no turbocharging or hybrid technology. Cars manufactured in 2019 or earlier are not equipped with particulate filters, while cars manufactured in 2020 or later are now equipped with an exhaust system.
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Music in this video
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LUXURY CAR RENTAL MIAMI FAST 2022
the arena of individual cars, mansions and Miami's untamable nightlife, blended with the day by day demanding situations of running one in all Miami's maximum famous luxurious life-style brands. We've been long past from the channel for multiple years and a lot has occurred since! We're BACK and we're BIGGER and BETTER than ever. So buckle up, due to the fact we are going for a trip this year, do not leave out out on any of the action. Check out the trailer for our new You-Tube collection and join our channel
#car #cars #tuning #sports #fun #2022 #fast
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