binance futures

[rupxisshit]

hello.
i have some questions about binance futures i hope to understand.
1.what are those perpetuals ? why there is btcusd perpetual priced x and some price way up or low.why do i have to buy 100 $ for each "share".
2.when i do trailing command it doesn't do anything.i set the callback and price activation.put the % of how much to invest, click buy long or short and nothing happens.it doesnt show new open order.
thanks

[1714913170]

1714913170

[1714913170]

1714913170

[Bitcoin_Arena]

1.what are those perpetuals ? why there is btcusd perpetual priced x and some price way up or low.why do i have to buy 100 $ for each "share".

A futures contract is an agreement between two parties(Traders) to bet against each other(buy or sell) a currency at a predetermined price at a specified time in future So it's a little different from the traditional spot market

Each contract also known as a share can represent 1 USD, 50 USD, 100 USD or even 1 BTC. It all depends on an exchange.

Perpetual futures contracts have no expiry date unlike traditional futures contracts, so you can hold your position for as long as you want.
The price variations between the perpetual contract price and Mark price occur because of high volatility of market conditions but eventually the prices will get back in range

Read More here: https://academy.binance.com/en/articles/what-are-perpetual-futures-contracts

2.when i do trailing command it doesn't do anything.i set the callback and price activation.put the % of how much to invest, click buy long or short and nothing happens.it doesnt show new open order.
thanks

It would be easier to understand what you are asking and  explain if you shared a screenshot

[rupxisshit]

thanks for the response.
i saw a 64,000 $ btcusd perpetuals even though btc is now 57,000.why would people buy there ?
when i do a trialing command i trade only with the people in the same pool as me (perpetual) or with the open market ?

2.i set everything like in the first picture then i pressed short or long (based on the activition price i set)'and nothing happed.no position,no open order.nothing.(like in the second picture)
what did i miss ?

3.why sometimes in btcusd perpetuals (coin-m) i see the currency at the top (colored with orange color in first picture) as usd and not btc ?

4.why something the bar (colored yellow in first picture) is stuck and not moving from 0% even though i moved some money into futures (transfers between regular and futures wallet ) ?
 thank you

first pic :
https://ufile.io/g3b42duf
second pic :
https://ufile.io/g2jjgb7l

why newbies can't add picture normally ? to much money on storage ?

[Bitcoin_Arena]

thanks for the response.
i saw a 64,000 $ btcusd perpetuals even though btc is now 57,000.why would people buy there ?
when i do a trialing command i trade only with the people in the same pool as me (perpetual) or with the open market ?

btcusd perpetual is a futures markets while BTCUSD or BTCUSDT is a spot market. so this are too different markets
read more - https://www.binance.com/en/blog/421499824684901983/Crypto-Spot-vs-Crypto-Futures-Trading--Whats-the-difference

Trailing stop can be triggered by the market price of the perpetual contracts market you are trading in not the spot market price

2.i set everything like in the first picture then i pressed short or long (based on the activition price i set)'and nothing happed.no position,no open order.nothing.(like in the second picture)
what did i miss ?

It's a trailing stop order you were setting. Was your position already open when you tried to do this?

Read more - https://www.binance.com/en/support/faq/360042299292

3.why sometimes in btcusd perpetuals (coin-m) i see the currency at the top (colored with orange color in first picture) as usd and not btc ?

I didn't understand you question well but this could help - https://www.binance.com/en/blog/421499824684901012/The-Pros-and-Cons-of-COIN--USDTmargined-contracts-How-do-they-impact-your-returns

4.why something the bar (colored yellow in first picture) is stuck and not moving from 0% even though i moved some money into futures (transfers between regular and futures wallet ) ?

you were opening a trailing stop order, not a buy or sell limit or short order. that's why.

why newbies can't add picture normally ? to much money on storage ?

it's because of restrictions. You need to first rank up in order to do so