Kvalentine (OP)
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May 10, 2020, 08:34:01 AM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
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bgaf
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May 10, 2020, 08:58:54 AM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
Maybe you are talking about Futures. Cause you need to foresee either thr pair you pick will go up or go down, you have also chance to choose higher leverage for your trading. Im not sure about margin trading but I think both types are high risk type of trading. There are more prefer future trading due to lots of availability of coins on binance and higher bet or leverage. But be sure to know the charts or trading movement cause you might got liquidated always if you just sly pick your entry price.
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CuriousGeorge
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May 10, 2020, 09:47:53 AM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
Best answer for you In margin trading, the exchange, in this case Binance, is loaning you the extra funds just in case you decide to leverage. A 1:3 leverage means Binance will lend you the extra 2 BTCs or ETHs, boosting your position. Stakes are equally high if prices tank, you will be liquidated if prices move against your initial position. Futures trading on the other hand allows leverage (up-to 125X) and long or short positions can be opened. However, the position can be held until expiry. It's a binding agreement and often cash settled. https://www.reddit.com/r/BinanceExchange/comments/drczlb/whats_difference_between_margin_trading_and/I guess none of them on par with binary trade. There will always be the differences but it may not close the possibility if futures and binary have the same features (not all).
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passwordnow
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May 10, 2020, 10:07:56 AM |
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You are still new and I don't have much to say but this. You are still new so basically, you have to understand what margin and futures trading are and a newbie shouldn't try it as early as you have known it. Take time to study it first and don't trade as if you are just playing because it's more than gambling but high risk, high reward if you already know how to.
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Tervelatuk
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May 10, 2020, 12:40:02 PM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
if you still didnt understand about trading futures better to stay away from it. it is very dangerous when we dont understand to use leverages wisely. maybe we can loss our money easily in short time.
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Ken_terrance
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May 10, 2020, 02:41:19 PM |
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Oh boy! Stay away from futures trading, I lost money trying it out, thinking I can handle it myself but I was wrong, don't you dare unless you are ready and know what you are doing, it's very very risky than normal but low and sell high trick
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enhu
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May 10, 2020, 03:04:05 PM |
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Oh boy! Stay away from futures trading, I lost money trying it out, thinking I can handle it myself but I was wrong, don't you dare unless you are ready and know what you are doing, it's very very risky than normal but low and sell high trick
Dealt with it myself and lose countless times and then I figured it's not really for me. There is no binary option between them. Binary options are very different as I suppose OP understood it than the Futures and Margin. You don't wanna deal with leverage if you don't wanna lose a lot. Binary options in crypto is hard to find. I'm sure you can search for it.
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dataispower
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May 10, 2020, 03:12:28 PM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
In simple terms, margin trading allows borrowing some funds to the trader, it attracts daily interest. Futures allows you to open long/short positions up to 125x with fixed fee. Positions can be held till expiry. I will strongly advise you stay clear leverage trading if you are not fully grounded in it, it's very risky. I would rather you trade leveraged tokens on spot trading. Binance delisted the likes of BULL, ETHBULL, BNBBULL, EOSBULL (3x leverage) for reasons best known to them, but you can still trade them on FTX exchange if you wish. Note that trading leveraged tokens still involve higher risk than the usual spot trading. The decision is yours to make.
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key4co.in
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May 10, 2020, 03:21:27 PM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
If you are still in doubt on how leverage trading works, do not even venture into it in the first place. I thought I knew it all, when i made some money via leverage trading on Bitmex. I was liquidated (5600$)at one point which kept me in the hospital for a whole day. Even if you want to give it a shot, start small. Both futures and margin do not match with binary trading. Study about it well before delving it to avoid regrets. Risk management is vital here.
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royalfestus
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May 10, 2020, 03:23:51 PM |
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The leverage token looks to me like an exploitative token by exchange especially in the long bear market. It has made more money for the exchanges and loss for numbers of traders. It looks more like gambling with unreliable information. why not stay within your are area of experience and experty, I also think when the markets gets back and price keep staying up such token will be profitable for traders.
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Towerbreeze
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May 10, 2020, 03:26:40 PM |
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I don't have the courage to start margin trading or future trading because of the high risks they carry, it's better to learn how to trade very well before trying this high risk trading strategies, I don't even know how to trade very well on daily basis, I'm not ready to lose few $$$ for trading
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doctor877
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May 10, 2020, 03:45:50 PM |
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I don't do futures and margin trading , but I do binary trading. Just like normal trading knowledge is needed. Support and resistance, trend line, double top, double bottom , rising and falling wegde , Elliot wave and so on. You can also use bot if you know how to handle it. Go to.youtube watch video about different indices and choose the one you are okay with. Don't fall for scam In form of account management, doubling your funds and so on.
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jacafbiz
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May 10, 2020, 03:47:36 PM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
I think you should go to investopedia for quality information about this, trading spot has its own risk already but Margin, Futures and Option are more riskier. I suspect you are still green to trading so becareful and not jump into these types of trading is not for amateur traders
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Pffrt
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May 10, 2020, 03:50:53 PM |
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I think you are looking for future trading. However, you can try the binany (a platform) where you can gain profit if you can predict the price will be up or down. I have not used the platform but as far as I know it’s a good one for this.
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bussybuddy
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May 10, 2020, 03:52:21 PM |
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Oh boy! Stay away from futures trading, I lost money trying it out, thinking I can handle it myself but I was wrong, don't you dare unless you are ready and know what you are doing, it's very very risky than normal but low and sell high trick
To be able to use futures trading, you need to have a lot of knowledge in this market. It won't be that easy for newbies, so you need to dig into it before you want to use it. Or like you said, staying away from futures trading will make you a lot safer
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Mia44
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May 10, 2020, 03:59:38 PM |
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I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks
if you still didnt understand about trading futures better to stay away from it. it is very dangerous when we dont understand to use leverages wisely. maybe we can loss our money easily in short time. Futures trading has the advantage of being much cheaper than spot trading, if you only use leverage appropriately, you will save a lot of costs.
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