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How to open Binance 100x futures contract

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2024-07-02 10:55:20620browse

How to open 100x contract on Binance platform? Complete the following steps: Register a Binance account Complete level 1 identity verification Enable contract trading Select the leverage multiple (newbies are recommended to start from 10x or 20x) Confirm the opening of the contract

How to open Binance 100x futures contract

How to open the Binance 100x contract

on the Binance platform To open 100x contracts, please follow the steps below:

1. Register a Binance account
If you don’t have a Binance account yet, please register first.

2. Complete identity verification
Complete level 1 identity verification (KYC) to unlock contract transaction permissions.

3. Enable contract trading
Go to the Binance contract trading page and click the "Enable contract trading" button.

4. Confirm the risk warning
Read the contract trading risk warning carefully and confirm that you understand the relevant risks.

5. Select the leverage multiplier
You can choose the leverage multiplier between 10x and 100x. For new traders, it is recommended to start with a lower leverage (such as 10x or 20x).

6. Confirm the activation of the contract
Click the "Open Contract" button to complete the activation process.

After opening the contract, you can trade 100x the contract on the Binance platform. Please note that contract trading carries a high level of risk and you should operate with caution and only invest money that you can afford to lose.

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