Finder maintains full editorial independence to ensure for our readers a fair assessment of the products, brands, and services we write about. That independence helps us maintain our reader's trust, which is what keeps you coming back to our site. We uphold a rigorous editorial process that ensures what we write and publish is fair, accurate, and trustworthy — and not influenced by how we make money.
We're committed to empowering our readers to make sound and often unfamiliar financial decisions.
We break down and digest information information about a topic, product, brand or service to help our readers find what they're looking for — whether that's saving money, getting better rewards or simply learning something new — and cover any questions you might not have even thought of yet. We do this by leading with empathy, leaning on plain and conversational language that speaks directly, without speaking down.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Binance Futures is one of the biggest cryptos futures trading platforms.1
The exchange allows you to trade crypto futures contracts as a way to speculate on whether the price of a crypto asset will go up or down, and it offers these types of contracts for dozens of crypto assets.
Binance is not regulated in the US or available to US users
Binance is not permitted to operate in the United States. US customers can use Binance.US — a version of the exchange built for US users — though it supports fewer crypto assets than Binance.com and doesn’t offer crypto futures trading.
1 - 1 of 4
How do Binance futures work?
Binance futures gives you access to crypto futures contracts, like bitcoin futures, which allow you to speculate on whether the price of a crypto asset will be higher or lower by a certain date than it is now.
You need a Binance account and need to transfer money from that account into your Futures account to trade futures contracts on Binance. This money will be used both as margin for your trades and to settle contracts.
Binance offers two types of futures: USDⓈ-M Futures, which are settled in stablecoins, and COIN-M Futures, which are settled in a cryptocurrency like bitcoin (BTC) or ether (ETH).
How to trade futures on Binance
Buying futures on Binance requires more steps than buying crypto assets via Binance’s spot market.
Create a Binance account. Open an account at Binance.
Open a Binance Futures account. Sign in to your Binance account, and select one of the tabs that leads to futures trading. If you’ve never traded futures on Binance, it will ask you to open an account. You can also create an account on the Binance Futures homepage.
Choose a type of futures contract. Choose between USDⓈ-M contracts or COIN-M contracts.
Fund your account. Go to the “Assets” window in the bottom right of the trading interface. Select “Buy crypto,” “Convert” or “Transfer.” If you already have funds on Binance, you can just transfer them into your Futures wallet. If you don’t have funds on Binance, you can deposit either crypto from another account or fiat currency via a bank transfer or credit/debit card. You can also buy crypto with a payment app like Apple Pay.
Adjust your margin balance. Contribute assets as margin for your trade until the “Margin Ratio” percentage is to your liking.
Select your leverage amount. Binance allows you to take on leverage ranging from 1x to 125x for your futures trade. Keep in mind that trading crypto futures with high leverage is very risky.
Select an order type. Choose between a market order or limit order, or choose a stop order.
Use the Binance Futures calculator. To check your futures trading fees, use the Binance Futures calculator.
Place your trade. Select “Buy/Long” if you think the price of the underlying asset in the contract will increase and “Sell/Short” if you think it will decrease.
Binance Futures fees
You can use the Binance Futures calculator or see our Binance futures fees explained guide to learn how Binance Futures fees are calculated.
Fees for USDⓈ-M futures contracts are reduced by 10% when you pay with BNB.
Bottom line
Binance Futures gives you access to futures contracts for dozens of crypto assets and allows you to trade them with leverage.
Create your account today and get started with a demo account — which allows you to trade crypto futures without using actual funds — if this style of trading is new to you.
Frank Corva is business-to-business (B2B) correspondent for Bitcoin Magazine and formerly the cryptocurrency writer and analyst for digital assets at Finder. Frank has turned his hobby of studying and writing about crypto into a career with a mission of educating the world about this burgeoning sector of finance. He worked in Ghana and Venezuela before earning a degree in applied linguistics at Teachers College, Columbia University. He also taught writing and entertainment business courses in Japan and worked with UNICEF in Namibia before returning to the US to teach at universities in New York City. Earlier in his career, he spent years working as a publicist and graphic designer for record labels like Warner Music Group and Triple Crown Records. During that time, he was also a music journalist whose writing and photography was in published in Alternative Press, Spin and other outlets. See full bio
If you’re looking for ways to gain exposure to bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.
A beginner’s guide to cryptocurrency arbitrage, how it can help you take advantage of crypto price differences, and the risks you need to be aware of before you start trading.
Find out what exactly bitcoin futures trading is, where to get started and how to pick the right trading site.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
