-
Bitcoin
$97,359.6628
1.27% -
Ethereum
$2,674.2850
-0.63% -
XRP
$2.4760
7.81% -
Tether USDt
$1.0003
0.00% -
Solana
$197.7715
4.35% -
BNB
$584.0123
1.56% -
USDC
$0.9999
0.00% -
Dogecoin
$0.2526
2.88% -
Cardano
$0.7238
2.78% -
TRON
$0.2338
2.62% -
Chainlink
$18.9514
2.14% -
Avalanche
$25.1431
1.98% -
Stellar
$0.3377
7.03% -
Sui
$3.1683
1.29% -
Toncoin
$3.7966
1.57% -
Hedera
$0.2414
5.83% -
UNUS SED LEO
$9.8273
0.03% -
Shiba Inu
$0.0...01540
3.26% -
Bitget Token
$6.6564
-0.60% -
Litecoin
$104.6508
4.39% -
Hyperliquid
$23.5068
-1.37% -
Polkadot
$4.7151
4.67% -
Bitcoin Cash
$326.7295
3.39% -
Ethena USDe
$1.0005
-0.01% -
MANTRA
$6.1424
6.69% -
Uniswap
$9.2462
3.25% -
Dai
$0.9999
-0.02% -
Ondo
$1.4109
5.02% -
Pepe
$0.0...09456
1.72% -
NEAR Protocol
$3.3113
5.07%
How to buy contract on Binance
To buy a contract on Binance, traders should first create an account, fund it, find the contract trading market, choose a contract, place an order, and monitor it.
Nov 08, 2024 at 06:23 am
![](/uploads/20240816/370ca4d48d01aee25eb96337b232d868.jpg)
How to Buy Contract on Binance
Binance is one of the world's leading cryptocurrency exchanges, offering a wide range of trading options, including contract trading. Contract trading allows you to speculate on the future price of an asset without having to own the underlying asset itself. This can be a great way to make a profit from rising or falling prices, but it is also important to remember that contract trading can be risky.
If you're new to contract trading, it is important to do your research and understand the risks involved before you start trading. Once you're ready to get started, you can follow these steps to buy contract on Binance:
- Create a Binance Account
The first step is to create a Binance account. You can do this by visiting the Binance website and clicking on the "Create Account" button. You will need to provide your email address, create a password, and agree to the Binance Terms of Service.
- Fund Your Account
Once you have created a Binance account, you will need to fund your account with either cryptocurrency or fiat currency. You can do this by clicking on the "Deposit" button in the top right corner of the Binance website. You can then choose to deposit cryptocurrency or fiat currency, and follow the instructions on the screen.
- Find the Contract Trading Market
Once you have funded your account, you can find the contract trading market by clicking on the "Derivatives" tab in the top navigation bar of the Binance website. Then, click on the "Contracts" tab. You will then see a list of all of the contract trading markets that are available on Binance.
- Choose a Contract
The next step is to choose a contract to trade. You can do this by clicking on the "Choose a Contract" button in the top left corner of the contract trading market page. You will then see a list of all of the available contracts. You can filter the list by asset, expiration date, and other criteria.
- Place an Order
Once you have chosen a contract, you can place an order to buy or sell the contract. To do this, click on the "Buy/Sell" button in the bottom left corner of the contract trading market page. You will then need to specify the quantity of the contract that you want to buy or sell, and the price at which you want to buy or sell the contract.
- Monitor Your Order
Once you have placed an order, you can monitor the order in the "My Orders" tab of the contract trading market page. You can see the status of your order, the price at which the order was placed, and the quantity of the contract that you ordered.
Tips for Buying Contract on Binance
- Do your research. Before you start contract trading, it is important to do your research and understand the risks involved. You should also learn about the different types of contract trading orders and how to use them effectively.
- Start small. When you first start contract trading, it is important to start small. This will help you to limit your losses if the market moves against you. You can gradually increase the size of your trades as you gain more experience.
- Use stop-loss orders. A stop-loss order is an order that automatically closes your trade if the price of the asset falls below a certain level. This can help you to limit your losses if the market moves against you.
- Be patient. Contract trading can be a volatile market, and it is important to be patient when trading. Don't get discouraged if you lose a few trades. Just keep learning and adapting your trading strategy, and you will eventually find success.
Conclusion
Contract trading can be a great way to make a profit from rising or falling prices, but it is important to remember that it is also a risky market. By following the steps outlined in this guide, you can help to mitigate the risks and increase your chances of success.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- FXGUYS ($FXG) Leads the Game-Changing Utility Race
- 2025-02-08 02:56:04
- Discover the top 5 projects to know on the Aptos Blockchain
- 2025-02-08 02:56:04
- The Memecoin Market Has Crashed. What Happened?
- 2025-02-08 02:56:04
- Trump branded meme coins flood the market as scammers cash in on his Truth Social launch
- 2025-02-08 02:56:04
- Shiba Inu (SHIB) Maintains Upward Momentum Despite Market Fluctuations; Analysts Anticipate 850% Upside
- 2025-02-08 02:56:04
- The Near Foundation Announces a $20M Fund to Boost the Development of AI Agents on the NEAR Network
- 2025-02-08 02:46:04
Related knowledge
![What are the impacts of different contract leverage multiples? What are the impacts of different contract leverage multiples?](/uploads/20241216/1734320364675fa0ec5f49c.png)
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
![Which is more suitable for novices, contract trading or margin trading on Huobi.com? Which is more suitable for novices, contract trading or margin trading on Huobi.com?](/uploads/20241216/1734320319675fa0bf32e51.png)
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
![What does the leverage ratio of contract trading mean? What does the leverage ratio of contract trading mean?](/uploads/20241216/1734320265675fa089479f3.png)
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
![What scams exist in leveraged trading of virtual currency contracts? What scams exist in leveraged trading of virtual currency contracts?](/uploads/20241216/1734320218675fa05a19849.png)
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
![What is 20x leverage on Bitcoin contracts? What is 20x leverage on Bitcoin contracts?](/uploads/20241216/1734320167675fa02715862.png)
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
![What is the difference between Huobi’s margin trading and contract trading? What is the difference between Huobi’s margin trading and contract trading?](/uploads/20241216/1734320114675f9ff246f69.png)
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
![What are the impacts of different contract leverage multiples? What are the impacts of different contract leverage multiples?](/uploads/20241216/1734320364675fa0ec5f49c.png)
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
![Which is more suitable for novices, contract trading or margin trading on Huobi.com? Which is more suitable for novices, contract trading or margin trading on Huobi.com?](/uploads/20241216/1734320319675fa0bf32e51.png)
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
![What does the leverage ratio of contract trading mean? What does the leverage ratio of contract trading mean?](/uploads/20241216/1734320265675fa089479f3.png)
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
![What scams exist in leveraged trading of virtual currency contracts? What scams exist in leveraged trading of virtual currency contracts?](/uploads/20241216/1734320218675fa05a19849.png)
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
![What is 20x leverage on Bitcoin contracts? What is 20x leverage on Bitcoin contracts?](/uploads/20241216/1734320167675fa02715862.png)
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
![What is the difference between Huobi’s margin trading and contract trading? What is the difference between Huobi’s margin trading and contract trading?](/uploads/20241216/1734320114675f9ff246f69.png)
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
See all articles
![](/assets/pc/images/png92.png)