Things are getting more interesting in Binance Futures as the platform has introduced a chatbot that will encourage its traders to share their experiences.
They will discuss their trading strategies to help other traders succeed. This will also help traders to stay up-to-date about the latest trends in
crypto trading market.
Erdogan last week put well-regarded former finance minister Mehmet Simsek back in the post. Simsek said this week that the guiding principles for the economy would be transparency, consistency, accountability and predictability.
"The dark clouds overshadowing crypto have lifted in recent days amid a burst of institutional interest," said Kate Laurence, general partner of Bloccelerate VC, which invests in crypto projects.
Benefits of investing in Cryptocurrencies
According to a 2021 report, most cryptocurrency owners tend to invest for three major reasons: pursuing short-term trading, developing a long-term investment strategy, and growing mistrust of the current traditional financial system.
Due to significant and consistent trade volumes, the market capitalization of all cryptocurrencies has surpassed $1.20 trillion by 2023.
Tether is the largest stablecoin that aims to maintain a 1:1 peg with the U.S.
dollar. Tron is the ninth largest cryptocurrency with a $6.3 billion market value, while ether is the largest after bitcoin, with its $210 billion market capitalization.
Deposit USDT, BUSD into the USD-M futures account as margin and other coins in COIN-M futures as margin.
Select the leverage level
Now choose the order type like if you wish to buy/sell
Define the number of futures contracts that you want to own
Binance Futures trading allows its traders to trade with leverage/margin where he makes use of the borrowed funds from Binance exchange to increase his trading position beyond what he could obtain from his available cash balance alone in his wallet.
The traders use futures trading as a hedge against the spot markets. For example, a trader with an account balance of $100 could use 10x leverage and may borrow $900 to enter a long or
short position with $1000.
If the trade goes in his favor, a 10% price change could help him double his funds within a shorter period. The ability to use the leveraged funds increases the profitability of any trade.
Separately, the SEC is itself being sued by Grayscale Investment over the regulator's rejection of Grayscale's application to convert its flagship spot Grayscale Bitcoin Trust into an ETF.
OKX plans to hire 30 staff,
币安推荐码 Byun said, after opening an office last month in the Dubai World Trade Center in the business and financial hub of the United Arab Emirat
br>June 23 (Reuters) - Bitcoin, the world's largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock's plans to create a bitcoin exchange-traded fund (ETF) despite heightened U
br>regulatory scrutiny on the digital asset sect
br>July 5 (Reuters) - The market share of Binance, the world's largest cryptocurrency exchange, and its U
br>affiliate have shrank this year, as they battle an onslaught of regulatory crackdow
br>The world's largest asset manager will be using Coinbase Custody - an offline storage solution for digital assets - for the ETF, and the crypto exchange's spot market data for pricing, the report add
br>Binance, which was founded by Changpeng Zhao in Shanghai in 2017, has grown to dominate the crypto industry but also faces scrutiny from regulators keen to clamp down on money-launderi
br>OKX Middle East said on Thursday it had received a preparatory licence from Dubai's regulator, a first step towards securing an operating licence that would allow it to serve institutional clients and investo
br>General Counsel Hon Ng has also quit, Fortune and Bloomberg News reported on Thursday, with both outlets citing a person familiar with his departu
br>Yibo Ling, Binance's U.S.-based chief business officer, has also left, Bloomberg report
br>Binance denies the charges. Binance has come under pressure from regulators around the wor
br>The U.S. Securities and Exchange Commission this month sued Binance and its CEO Changpeng Zhao over what the regulator called a "web of deception" to evade U
br>
Under the agreement, which does not resolve the SEC lawsuit, Binance.US will take steps to make sure that no Binance Holdings officials have access to private keys for its various wallets, hardware wallets or root access to Binance.US's Amazon Web Services tools, the court filings showed.