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How much is the minimum price for Binance Futures?

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2024-07-02 12:32:57360browse

The minimum threshold for Binance Futures trading depends on different trading pairs, with a minimum of $1 and a maximum of $10. Specifically, the minimum trading amount is $10 for the BTCUSDT trading pair, $1 for the ETHUSDT trading pair, and $1 for the USDT-M perpetual contract.

How much is the minimum price for Binance Futures?

What is the minimum threshold for Binance Futures trading?

Binance Futures trading, also known as perpetual contracts, is a leveraged trading tool that allows traders to participate in the cryptocurrency market with a small amount of capital. Minimum trading thresholds are set by the exchange and vary by trading pair.

Specific Thresholds

On Binance Exchange, the minimum transaction amount for contract trading depends on the trading pair:

  • Bitcoin Contract (BTCUSDT): 10 USD
  • Ethereum Contract (ETHUSDT): 1 USD
  • USDT- M Perpetual Contract: 1 USD

Influencing Factors

The minimum trading threshold is affected by the following factors:

  • Counterparty Risk Management:The trading threshold helps limit the counterparty risk of the exchange and ensure that traders will not Large losses due to small transactions.
  • Leverage: Contract trading usually involves high leverage. If the trading threshold is too low, it may cause traders to over-leverage, thereby increasing risks.
  • Market Liquidity: Trading thresholds help ensure that trading pairs have sufficient liquidity so that traders can easily execute trades.

Notes

  • The minimum transaction threshold only refers to the transaction itself and does not include other fees, such as transaction fees and funding fees.
  • Traders should choose an appropriate trading threshold based on their risk tolerance and trading strategy.
  • Leverage trading carries high risks, and traders should fully understand the relevant risks before participating in contract transactions.

Conclusion

The minimum trading threshold for Binance Futures trading varies depending on the trading pair, with the minimum threshold ranging from $1 to $10. Trading thresholds help manage risk and ensure sufficient liquidity for trading pairs. Traders should carefully choose the trading threshold based on their own circumstances and fully understand the risks of contract trading.

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