BingX Tutorial | How to Get Started With Futures Trading

Play the video to learn how to start futures trading on BingX

This video is for demonstration only. The actual situation may be subject to market conditions and platform rules.

>>>Start futures trading on BingX📈

1. What is Futures

Futures is a derivatives product for hedging risks and amplifying returns via using leverage. In futures trading, you can long or short a trading pair to take advantage of and profit from the price volatility.

If you go long, you place a buy order and you expect the price to go up.

If you go short, you place a sell order and you expect the price to go down.

 

2. Differences between BingX Standard Futures and Perpetual Futures

Difference	Standard Futures	Perpetual Futures
Suitable for	Beginners	Professionals
Margin Type	Support USDT-Margined contracts; Support Coin (such as BTC)-Margined contracts	Support USDT
Order Type	Market Order, Trigger Order	Limit Order, Market Order, Trigger Order
Position Management	Each order is managed independently	Multiple orders are combined into "position" for easy management
Trading Fee	Proprietary trading: 0.045% Copy trading: 0.045%	Taker (executed instantly): 0.050% Maker (pending orders): 0.020%
Leverage	1-150x	1-150x

3. How to trade futures contracts

BingX futures trading platform allows you to draw on leverage while going long or short to hedge risks or make money in a volatile market. Get started with futures trading on BingX by taking the following steps.

3.1 Standard Futures

Step 1: Select a trading pair, e.g., BTC/USDT

Step 2: Select a margin mode, e.g., "Isolated Margin" or "Cross Margin"

Step 3: Select a direction, e.g., "Long" or "Short"

Step 4: Select an order type, e.g., "Market Order" or "Trigger Order"

Step 5: Set up the leverage. Please read carefully the Margin Trading Risk Disclosure when applying high leverage

Step 6: Transfer USDT or the underlying asset (such as BTC, ETH) from your fund account to the Standard Futures account as margin and enter the margin amount

Step 7: Click Advanced Settings to set up TP/SL

Step 8: Click "Long" or "Short" to place an order

Step 9: Click on "Orders" to view details of the order you just placed

3.2 Perpetual Futures

Step 1: Select a trading pair, e.g., BTC/USDT

Step 2: Select a margin mode, e.g., "Isolated Margin" or "Cross Margin"

Step 3: Select a direction, e.g., "Long" or "Short"

Step 4: Select an order type, e.g., "Market Order", "Trigger Order" or "Limit Order"

Step 5: Set up the leverage. Please read carefully the Margin Trading Risk Disclosure when applying high leverage

Step 6: Set up Rival Price and TP/SL

Step 7: Transfer USDT from your fund account to the Standard Futures account as margin and enter the margin amount

Step 8: Click "Buy/Long" or "Sell/Short" to place an order

Step 9: Click on "Orders" to view details of the order you just placed

>>>Start futures trading on BingX📈

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Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice.Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any loss possibly incurred from investment on the platform. For more information, please refer to Terms of Use and Risk Warning.