Is binance reliable to trade bitcoin futures?

Overnight · Apr 11, 2021

ssp729 said:
Trading futures?

Well, you have your screenshot full of info up there that yes, you can trade Binance futures, whatever the heck that is.

AbbotAle · Apr 12, 2021

Yes, it's a good Exchange.

tsznecki · Apr 12, 2021

Overnight said:
Far as I know, Binance is a crypto exchange, not a futures exchange. So no, you cannot trade BTC futures there.

Another useless post from @Overnight the Masshole. How much does @Baron pay you to just post random shit?

Have you tried researching the shit you talk about?

Overnight said:
Well, you have your screenshot full of info up there that yes, you can trade Binance futures, whatever the heck that is.

Saxio · Apr 12, 2021

ssp729 said:
Trading futures?

yes, futures but when the market goes crazy , you get overload and shutdowns , better to go with bybit.com

BMK · Apr 12, 2021

It appears that Binance is not authorized to provide futures trading to US residents. They are under investigation by the CFTC.

Futures trading is advertised at binance.com. But US residents are directed to binance.us, which does not offer futures.

RedDuke · Apr 12, 2021

BMK said:
It appears that Binance is not authorized to provide futures trading to US residents. They are under investigation by the CFTC.

Futures trading is advertised at binance.com. But US residents are directed to binance.us, which does not offer futures.

Like I said, I do it think it is a legit futures product.

Saxio · Apr 12, 2021

RedDuke said:
Like I said, I do it think it is a legit futures product.

There were days of up to 600K BTC contracts traded daily a week er 2 ago , now it is around 200K , how much volume does BTC on CME has ?

you have time and sales , people flipping 200 BTC and more cars in a go, huge liquidity

and leverage of 125:1 , you can make several hundred % in minutes and lose all in seconds

Saxio · Apr 12, 2021

Market depth

RedDuke · Apr 12, 2021

For those who know, is it a logic futures product like CL, DAx, Es and etc? It it is just a bucket shop instrument???

Saxio · Apr 12, 2021

RedDuke said:
For those who know, is it a logic futures product like CL, DAx, Es and etc? It it is just a bucket shop instrument???

here a good start

https://www.binance.com/en/blog/421499824684901024/What-Can-You-Expect-on-Futures-Expiration-Day

looks like it is structured the way it should

bucket shop ?

I put in a limit order and it shows up in the market depth , what more proof you need ?