How To Make $8000 in 30 Days Trading Binance Futures

11 min readJun 29, 2022

Futures trading, which includes Cryptocurrencies, involves speculating on the price of items without owning them. Traders can speculate on the price of a digital currency in the future using cryptocurrency futures, similar to stock and commodity futures.

Why trade futures on Binance?

The first and major benefit is leverage.

Leverage is when you use some kind of funds called collateral funds; let’s say you have $100 to trade with and you invest that into futures, you can use 10x leverage to multiply your $100 deposit so you can now trade with $1000 instead.

Consequently, you can 20x your $100 that means you would now be trading with $2000.

Make $8000+ in 30 days with just $100 trading Binance Futures

Follow these steps below to make money trading Futures on Binance. This strategy also works with any intial deposit.

The very first thing to do is to transfer some funds from Binance Spot wallet to your futures. It is advisable to go with USD(s)-M future on Binance because your profit will be in USD.

Select your crypto which will be USDT and then select the amount and confirm your transfer. Once that is done, it means that your money is sitting in your futures wallet.

When the transfer is completed you hit on futures and go with MATICUSDT (or any pair in a trend).
Input the amount you are going in with and choose isolation with 10x leverage.
You will be trading with $1,000 instead of your initial deposit of $100.

Now for the trading strategy.

Switch to Heikin Ashi candle so you can see the trends properly.
Wait for a large green candle with no bottom wick or a large red candle with no top wick.

If you see either, it means there is a strong move to that direction (bullish or bearish)

But to reduce risk further, lets add some indicators — EMA and Stochastic RSI.

Add EMA — Moving Average Exponential indicator with length of 200
Notice when ever the candle closes under the 200 Moving Average, there is usually a downtrend.
An uptrend usually happens when it closes above the 200 Moving Average

Add the Stochastic indicator

Add the Stochastic RSI — Use it to get your entry and exit points
Leave the style default values at 80 and 20
Leave the input as 3, 3, 14, 14, Close

If the stochastic RSI crosses the upper band, it means the market is over bought — so sell

If the stochastic RSI crosses the lower band, it means the market is over sold — so buy.

This strategy only works for a trending market.

Enter your trade at the following

Take Profit at 3%
Stop loss at 1.5%
Make 2 highly selective trades a day to reduce risk

With that, you will make roughly $8,000 in profit with a basic initial deposit of $100 and a win rate of 60% in a month.

This is not a financial advise and trading in any form carries risk so do your own research.

Binance Futures Trading FAQ

When did Binance launch Futures trading?

Binance Futures was launched in Q4 of 2019.

Why trade Futures on Binance?

Huge range of altcoins which means more cryptocurrencies to trade
Keeps all your trades in one place and easy switching of trades — Spot trading, crypto investment, and futures trading.
A highly secure platform with various tight security procedures including alerts and 2FA.

What is the difference between Futures and Spot trading on Binance?

Futures trading provides leverage for the trader while spot trading does not.
Futures trading allows you to profit from short or long term price movements in any direction unlike spot trading
Futures trading has more liquidity which allows traders to transact in the market quickly than spot trading.

What leverages does Binance Futures trading provide?

You can set your leverage as low as 1X and as high as 125X (Maximum leverage for accounts less than 60 days is 20X)

Is Futures trading Halal or Haram?

Futures trading on Binance is Haram.

How long can you hold Binance Futures?

Binance futures will expire based on their respective calendar cycle.

Is Binance Futures Available in USA?

Does binance charge interest on Futures?

Yes.

Fixed at 0.03% daily with a few exceptions like NBNUSDT and BNBUSD with 0% interest.

How many coins are in Binance futures?

Over 50 coins.

What is Binance futures minimum trade?

$10

What are perpetual contracts in futures trading?

Perpetual contracts do not have an expiration date which means a trader can keep a short position to perpetuity, unless he gets liquidated

What are quarterly futures contracts?

Quarterly futures contracts have a limited lifespan and will expire based on their respective calendar cycle. For instance, expire 3 months from date of issuance.

What is the difference between a Perpetual Contract and a Traditional Futures Contract on Binance?

There is no expiration or settlement of Perpetual Contracts

What is Last Price?

Is the last transaction price the contract was traded.

What is Mark price?

Mark Price is the real value of the contract which Binance uses to avoid unnecessary liquidations

What happens if i have been liquidated?

All open orders are immediately canceled

How do i avoid liquidation in Binance Futures trading?

Use a stop loss and take profit then enable Price protection.

How do I stop myself from compulsive Futures trading on Binance?

Use the cooling-off period and set the duration of the cooling-off period you prefer.

How to set cooling-off period?

Login or Register your Binance
Go to Futures trading and click Trading rules
Click Cooling-off Period
Toogle on [Disable Futures related trading functions]
Choose the duration of your cooling-off period and click [Confirm] to activate

How do i trade responsibly?

Practice self-discipline
Protect your capital at all times using stop loss, insurance fund, and liquidation mechanisms.
Trading education never stops, keep educating yourself.
Every day is not a trading day, know when to stop trading

Benefits of Trading Futures with Binance

There are 5 main benefits of trading Futures on Binance exchange

A huge selection of trading pairs
Liquidity
Low Maker and Taker Fees
Trading volume
Multilingual support

Click here — Read all Binance benefits in details and why you should trade Futures on Binance

Selections of Trading Pairs

You might not be able to tell the difference between trading Cryptocurrency futures on Binance and traditional crypto trading like Spot trading.

Futures contracts are distinct from spot trading in that they do not employ any underlying assets and instead rely only on price movement. Because there is no actual asset, futures can be much more fluid and easier to manage.

Another difference between Futures and Spot trading is that they also allow for margin trading with high leverage whereas Spot trading has no leverage.

Here is a Step by Step approach to help you in selecting trading pairs for Binance Futures:

Step 1: Login or register Binance

Go to the Futures trading interface and click on the futures contract symbol to open the search box.

Step 2: USDS-Margined Futures and Coin-Margined Futures are the two types of futures contracts.

Select your preferred futures contract.

If you want to trade BTCUSDT perpetual contracts, for example, click [USDS-M].

If you want to trade the BTCUSD Coin-Margined perpetual contract, click [COIN-M].

Step 3: Select the contract symbol you want to trade. All of the symbols can be ranked based on their volume or price change over the last 24 hours.

Step 4: You may also use the search box to find a specific crypto futures contract.

If you search for “XRP,” for example, the dropdown menu will display all XRP contracts (quarterly or perpetual).

Liquidity

Cryptocurrency investors and traders should carefully assess a new asset’s liquidity to ensure its stability since it can allow traders to quickly convert their investment into cash without severe price slippage.

Liquidity may be determined using three main indicators when trading futures:

Exchange
Market liquidity
Asset

On a regular basis, the trader must assess the general state of the market and investment to evaluate whether there are sufficient takers, makers, buyers, and sellers.

When it comes to many futures, the liquidity of crypto markets is often higher than that of on-the-spot exchanges because most futures contracts are settled in cash. As a result, there is less likelihood of price slippage.

Trading Fees

Trading fees are an inescapable part of crypto trading that exchanges use to make money.

Fees are usually collected when users buy, sell, or convert cryptocurrencies or futures contracts related to cryptocurrency.

Among all cryptocurrency exchanges, Binance Futures has one of the lowest taker fees which is one of the huge benefits of trading on Binance.

As stated in the table below, Binance’s taker fee rates start at 0.04 percent and go as low as 0.017 percent. Maker fees begin at 0.02 percent and decrease to 0.0000 percent.

To trade at the lowest taker or maker rates on Binance, users must have a 30-day transaction volume of more than or equal to 750,000 BTC and more than or equal to 11,000 BNB.

However, you’ll require a 30-day trade volume of 250 BTC or less to get started, and you won’t need BNB.

Table 1: Showing Binance Futures Fee Structure

Calculating Binance Trading Fees

Users of Binance can determine their trading fees by plugging in a few numbers, such as their entry and exit prices, contract quantity, and fee rate.

The equation is calculated as follows:

Fee to Open = (Contract Quantity x Entry Price) x Trading Fee Rate
Fee to Close = (Contract Quantity x Exit Price) x Trading Fee Rate

Take an example: If you started a long position for 1 BTCUSDT contract at $40,000 and planned to close it at $40,500, the fee totals would be as follows, with the taker fee rate set at 0.04 percent and the maker fee rate set at 0.02 percent.

Table 2: Showing the total Net Fees

Traders can use the equations above to better pick where they wish to start and stop trades to avoid higher charge rates, because when both entry and exit orders are executed as maker orders (as in the example), trades are subject to the lowest fee of 16.1 USDT.

It’s worth remembering that placing both maker and taker orders always yield a cheaper price than placing two taker orders.

Traders would be charged 32.2 USDT if both the entry and exit orders were executed as taker orders.

The difference between all-taker-orders and all-maker-orders is 16.1 USDT.

In other words, it would cost twice as much to execute all-taker orders as it would to execute all-maker orders.

As a result, traders who want to minimise their cost losses should aim for maker orders.

Trading Volume

Volume refers to the total number of units traded in a market at any given time. It’s a tally of how many individual units of an asset changed hands over a given period of time.

Trade volume can be calculated using any trading instrument, such as stocks, bonds, fiat currencies, or cryptocurrencies.

If Juliet sells Bob 5 BNB for $20 each, the transaction volume can be either $100 or 5 BNB (which is Binance coin), depending on the volume of currency trading.

This also indicates that a crypto’s trading volume, for example, is proportional to the number of individual trades during a particular period.

The cryptocurrency trading volume is 1000x if 1000x were traded in a day.

In a rising market, increased volume implies sustained buyer interest, which helps to push prices higher, however in a declining market, increased volume may signify more sell pressure.

A moving average, which calculates the average of the volume of the candles in a given period, is widely used in volume indicators.

Multilingual support

The Binance mobile app provides customers with a secure and easy-to-use platform for buying and trading Cryptocurrencies on the move, as well as 24-hour multilingual customer assistance.

In addition to futures, the Binance app supports spot and margin trading across a wide range of trade pairs.

According to Binance, their support team now has 8 languages.

We have grown and invested in our customer support team since our launch. Right now, we have more than 150 customer service agents coming from over 20 different countries, working at four different sites across the globe. On average, we handle over 1,000 tickets and 3,000 online chat sessions per day.
We have dedicated agents for complaints, security issues, and financial derivatives such as margin trading, futures, and options.
With our current capabilities, we’re able to field customer support requests in Chinese, English, Spanish, Turkish, Korean, and Vietnamese during the entire day. Our Portuguese customer support service operates from 8 AM to 8 PM, Rio de Janeiro time, while our Russian customer support service is open from 9 AM to 9 PM, Moscow time.
We won’t stop at just eight languages for customer support. We plan to open more opportunities for customer support in Southeast Asia and Europe, and we’re looking for more agents with other language skills to meet the needs of our users.

The premier platform not only offers spot trading, but also allows users to trade margin, options, and futures 24 hours a day, seven days a week.

Purchasing and selling Cryptocurrencies has never been easier than it is right now. Signing up is simple and straightforward, and trading is a joy after you’ve done so.

So sign up for Binance Futures and begin trading right away!

How to Open a Binance Futures Account

I. On Binance homepage, click [Derivatives] — [Binance Futures Overview].

Alternatively, you can go to the Futures Trading interface directly.

II. Already have a Binance account, click [LogIn], or click [Register] to create an account.

III. Once you’re logged in, click [Open Account].

IV. You will be redirected to the Futures trading interface. You can enter a Futures Referral Code from your friend (optional), and click [Open Now] to open your Futures account.