14-05-2025

Every month, trillions of dollars flow through the cryptocurrency market as traders seize opportunities to generate profits, regardless of market direction. Crypto derivatives contracts empower traders to capitalize on price movements by going long (buying low, selling high) or short (selling high, buying low).

Crypto derivatives enable traders to gain exposure to a wide range of digital assets without owning them. These instruments also allow market participants to hedge against volatility and speculate on the future value of specific cryptocurrencies. The use of leverage improves capital efficiency as investors don’t have to lock up large amounts of capital, unlike on the spot market.

Available 24/7 on platforms like Binance Futures, these contracts require prudent risk management, making it essential to understand the basics before investing.

With over 500 trading pairs and unmatched liquidity, Binance Futures has quickly become the world's premier crypto derivatives platform, helping millions of traders minimize risk and trade confidently. It offers unmatched liquidity, advanced analysis tools, and beginner-friendly features such as Copy Trading and risk-free Mock Copy Trading.

In this guide, we'll walk you step by step through your first trade on Binance Futures. Join over 29 million active traders and start your futures trading journey today!

Getting started with Binance Futures is straightforward and involves just a few simple steps. You'll need to sign up for a Binance account, open a Binance Futures account by passing a simple quiz to activate it, and verify your identity to unlock all features. Once verified, make your first deposit of fiat or cryptocurrencies to fund your account. With these steps, you'll be well on your way to trading on Binance Futures.

If you already have a Binance account, proceed to Step 2. If you don’t have an account yet, go to Binance and click [Register] at the top right corner of the page before moving on to the next step.

Choose [Sign up with phone or email], [Continue with Apple], or [Continue with Google].

Select your [Country/Area of Residence] and click [Confirm].

Enter your [Email], create a strong [Password] for your Binance account, and click [Next]. You’ll be asked to enter an [Email Verification Code] and click [Submit].

Click [Create Personal Account], or for businesses, click [Create Entity Account].

To open a Binance Futures account, go to Binance Futures and click [Open Account].

You need to pass a quiz to activate your Binance Futures account, so click [Take Quiz] and make sure to answer all questions correctly.

Please note that you must verify your identity to unlock the wealth of features that Binance has to offer. This step is critical to ensuring a safe trading environment for everyone. Go to Binance, then click [Profile] - [Identification].