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Topic: Margin Trading at Binance (Read 302 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
December 07, 2020, 11:20:21 AM
#21
I use it. There were many comments above explaining Margin futures trading and I agree with that. I will only share experiences if you want to go in there. First, you must understand very well what future margin is, if necessary, you can read the Ultimate Guide to Trading on Binance Futures. Technical and fundamental analysis is your main asset, a combination of these two techniques will be useful. Pay attention to your asset ratio to choose your leverage, use 1% of your capital to enter the market. Finally, manage your emotional management, don't rush to return losses, set strategies to take the right position.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
October 20, 2019, 12:49:54 AM
#20

Link : https://www.binance.com/en/blog/391838076530913280/Binance-Futures-Trading-Platform-Increases-Max-Leverage-to-125x-with-BuiltIn-Risk-Controls-for-Traders
Speaking of Margin Trading at Binance;
Look what I have found.
125x leverage on their exchange, this is totally beast. What a dumb decision for Binance for me, easy liquidation for sure.
What do you think the reason behind this 125x leverage on their margin exchange?
Are they taking advantage because of the bear market? Which is luring some traders to trade on their exchange?
with this leverage, binance trying marker liquidity and market cap.but actually speculation on cryptocurrency market will higher than before.and binance will takes advantages from this.people hoped will loss their fund controll and open transaction carelessly.binance will get more fee in each trades.i think while cryptocurrency join in futures, manipulation price will happen.whales with their fund and leverge with take their dominant in market.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
October 19, 2019, 11:54:18 PM
#19
They have even made comparisons with Bitmex, they are proud that they had not yet had a single liquidation like Bitmex, the only advantage I see in Binance is the massive non-presence of Bots on the platform, because Bitmex has a fake volume due to the bot army , where 24h transactions are seen.

Binance's case I admire his way of recovering after having been the victim of Hacker attacks where a large number of bitcoins were extracted. Now they affirm that thanks to their popularity they decided to place that type of leverage, but that it must be used with great moderation.

Here you can expand the info: https://decrypt.co/10549/binance-offers-125x-margin-borrowing-for-high-risk-margin-traders
legendary
Activity: 1806
Merit: 1521
October 19, 2019, 03:42:16 PM
#18
125x leverage on their exchange, this is totally beast. What a dumb decision for Binance for me, easy liquidation for sure.
What do you think the reason behind this 125x leverage on their margin exchange?

It's a marketing gimmick, nothing more.

In 2014 or 2015, OKCoin offered the biggest leverage on the market at 20x. It was a big draw at the time. Then Bitmex one-upped them with 100x. Now Binance is doing the same with 125x.

There are diminishing returns here. I'm sensing this is not a Bitmex-killer. Cheesy
sr. member
Activity: 812
Merit: 257
October 19, 2019, 02:37:11 PM
#17
If you have ever played forex, certainly no stranger to margin trading, margin trading can increase trading power higher than the ability of the funds we have, so it can be faster to get profits but also has a greater risk, if I personally more comfortable trading normally.
full member
Activity: 932
Merit: 100
arcs-chain.com
October 19, 2019, 12:33:59 PM
#16

Link : https://www.binance.com/en/blog/391838076530913280/Binance-Futures-Trading-Platform-Increases-Max-Leverage-to-125x-with-BuiltIn-Risk-Controls-for-Traders
Speaking of Margin Trading at Binance;
Look what I have found.
125x leverage on their exchange, this is totally beast. What a dumb decision for Binance for me, easy liquidation for sure.
What do you think the reason behind this 125x leverage on their margin exchange?
Are they taking advantage because of the bear market? Which is luring some traders to trade on their exchange?

Wow thats a good news after max to 20lev now its increased to 125x leverage I think margin traders will switch to binance now because theres a lot of trading pair you can find in this exchange site, I'm a bybit trader and now I'm thinking to switch to Binance Dex after I read thia news.
I think that for most traders the leverage level of 125 is unnecessary, maybe Binance raises the leverage to differentiate it from other exchanges. But it will attract risk-loving traders, with too high leverage so the trader's position can be liquidated only minutes after opening. The more notable improvement is that Binance allows to customize the level of leverage from 1-125.
full member
Activity: 798
Merit: 104
October 18, 2019, 06:17:06 PM
#15

Link : https://www.binance.com/en/blog/391838076530913280/Binance-Futures-Trading-Platform-Increases-Max-Leverage-to-125x-with-BuiltIn-Risk-Controls-for-Traders
Speaking of Margin Trading at Binance;
Look what I have found.
125x leverage on their exchange, this is totally beast. What a dumb decision for Binance for me, easy liquidation for sure.
What do you think the reason behind this 125x leverage on their margin exchange?
Are they taking advantage because of the bear market? Which is luring some traders to trade on their exchange?

Wow thats a good news after max to 20lev now its increased to 125x leverage I think margin traders will switch to binance now because theres a lot of trading pair you can find in this exchange site, I'm a bybit trader and now I'm thinking to switch to Binance Dex after I read thia news.
legendary
Activity: 2506
Merit: 1394
October 18, 2019, 05:37:29 PM
#14

Link : https://www.binance.com/en/blog/391838076530913280/Binance-Futures-Trading-Platform-Increases-Max-Leverage-to-125x-with-BuiltIn-Risk-Controls-for-Traders
Speaking of Margin Trading at Binance;
Look what I have found.
125x leverage on their exchange, this is totally beast. What a dumb decision for Binance for me, easy liquidation for sure.
What do you think the reason behind this 125x leverage on their margin exchange?
Are they taking advantage because of the bear market? Which is luring some traders to trade on their exchange?
legendary
Activity: 2884
Merit: 1117
October 17, 2019, 08:06:59 AM
#13
Margin trading on binance isn't that good. If you want to go margin trading then I suggest you to look at Bitmex and Okex. Both exchanges are good for margin trading, but as for me I prefer Okex. Here I described key points https://bitcointalksearch.org/topic/m.51951061
I expected binance margin trade to actually be better than it is now, but it is unfortunate that in this aspect, they are not the king as okex is still very much better than them when it comes to margin trade, though I have only trade twice of binance margin trade and I don’t know if it was my lack of skill that affected my trade, but I have actually seen so many people complain of it too which is why I concluded that it is not from me.

I have used okex countless times also before I recently stop going into margin trade, and I think okex has really been a very good platform in this aspect, but for now, I am not using any of them again as I think that margin trade is a time bomb really, it would allow you to hit good profit but will take it back at the end.
hero member
Activity: 3038
Merit: 617
October 12, 2019, 10:50:17 AM
#12
It seems that the traders who are now looking at the more stagnant market are looking to more risky methods of money making and marign trading is one of them. Newbies should never attempt it. They will lose money.
Can't see anything special on binance margin trading except the discounted fee.

The margin trading is not worth.. yeah because the basic about this service itself is playing with other people money ... no matter you are a professional or not there's always an extra pressure whenever you do start trading, guess what's the result? A sure loss!

Have you ever do margin trading? I've done it since I was trading on forex .. things went wrong every single time. It's just like a gambling for me, you'll experienced great feeling winning unexpected huge amount of profits but then in the blink of an eye everything disappear and depressed in the end.

Hopefully you guys wise enough managing your financial situation, this margin trading is so tempting but dangerous.

The best thing in forex is that even if you just have $500 in your trading account you still can adjust leverage up to 1:1000 and not worry about margin call. Not a very experience trader in crypto but given the volatility,  I can imagine the platform will exit my position leaving me more debt. I'd rather be providing loan to these traders than losing it all for being inexperience.
legendary
Activity: 2170
Merit: 1427
October 12, 2019, 07:15:03 AM
#11
It seems that the traders who are now looking at the more stagnant market are looking to more risky methods of money making and marign trading is one of them. Newbies should never attempt it. They will lose money.

It became a trend the moment derivatives platforms within crypto made their user interface so noob friendly, that it became even accessible to the worst possible life savings/credit gamblers.

Seriously, one can just slide a bar to adjust leverage up to 100x. How attractive do you want to make such a riskful trading feature? It's all done to sucker in noobs. I remember over a decade ago that I didn't even dare to touch leverage because of how complicated it looked, and the risk warning my broker popped up the moment I was about to utilize leverage.

I'm short at ~$8700 with 2x leverage. It's more than enough and gives me enough breathing room in case the market turns against me temporarily. People today use such high leverages that a simple 1-2% fluctuation triggers their stop or even liquidates them.
legendary
Activity: 2674
Merit: 1048
October 12, 2019, 06:51:39 AM
#10
It seems that the traders who are now looking at the more stagnant market are looking to more risky methods of money making and marign trading is one of them. Newbies should never attempt it. They will lose money.
Can't see anything special on binance margin trading except the discounted fee.

The margin trading is not worth.. yeah because the basic about this service itself is playing with other people money ... no matter you are a professional or not there's always an extra pressure whenever you do start trading, guess what's the result? A sure loss!

Have you ever do margin trading? I've done it since I was trading on forex .. things went wrong every single time. It's just like a gambling for me, you'll experienced great feeling winning unexpected huge amount of profits but then in the blink of an eye everything disappear and depressed in the end.

Hopefully you guys wise enough managing your financial situation, this margin trading is so tempting but dangerous.
newbie
Activity: 20
Merit: 0
October 12, 2019, 06:14:44 AM
#9
Margin trading is for experienced trader only. Playing with this might eat your entire coins in the exchange site. It happened to me already at poloniex.
sr. member
Activity: 1190
Merit: 306
October 12, 2019, 06:11:59 AM
#8
you can cross leverage or 100x leverage in BITCOIN/USDOLLAR INVERSE PERPETUAL.
Good lord.  There's responsible margin trading, and then there's the above.  Anyone trading with 100x leverage is crazy in my opinion.  Yes, the potential profits can be amazing, but if the market moves against you, you could end up losing everything.  I'm not sure if crypto exchanges even bother to give their customers margin calls if their collateral falls short.  Does anyone know if that's the case?

If you want to trade with higher risk, you can trade at Bitmex. It supports very high leverage, up to X50.
That's irresponsible of them to allow that in my opinion.  They know very well how volatile crypto is and how easy it is for traders using extreme leverage to lose everything.  Them allowing 50x leverage makes them more a casino than an exchange.  Good to know Binance is a little more responsible.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 12, 2019, 03:00:06 AM
#7
How is it working for you?
Binance is trying to get into the bandwagon that Bitmex started and now they are providing margin trading options. But it should be well understood that one who does not have any prior knowledge of margin trading should not attempt to do so without practice with dummy coins at their own excel spreadsheet first.

Let me remind you that margin trading and spot trading are different things. In margin you are given a leverage and you a contract not the coin. If your contract of price prediction realizes then you win the money that you put in multiplied by the leverage. But this is just a luck game, its not possible to accurately predict the prices easily and you will have to liquidation fees at every instant to keep your position open and not get liquidated which will waste all your work trying to buy the contract.

It seems that the traders who are now looking at the more stagnant market are looking to more risky methods of money making and marign trading is one of them. Newbies should never attempt it. They will lose money.
member
Activity: 784
Merit: 10
https://streamies.io/
October 12, 2019, 02:20:36 AM
#6
Who is doing margin trading over there?

How is it working for you?

What are the terms?
Terms are the same as in other exchanges and nothing new, the liquidity is very high. But the big problem is that they don't allow us to make the trap too big, we can't make the trap x3 or more. Binance margin is for safe traders. If you want to trade with higher risk, you can trade at Bitmex. It supports very high leverage, up to X50.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
October 12, 2019, 01:59:36 AM
#5
Nothing special about margin trading at binance as it is working very much similar to anywhere else. If you are new to margin trading and only due to the availability of it in binance, you are planning to go for it, I like to suggest you to hold on and stick with your usual way of trading as margin trading may multiply your risks by hundred fold whereas you may get only ten fold of your chances to make profits. It means margin trading multiplies your risks and rewards with different multiplier.

In my view all the margin traders are greedy ones. Already trading is like an uncertain business due to unpredictable market fluctuations, when you add another layer of complexity to it will definitely lead to more disasters and quicker collapses.

Margin trading will be beneficial when your target is 100% assured and hit on time whereas in bitcoin trading all the times target is 200% assured but you cannot expect market to reach your target on time like before the expiry of the contract. So, even you are good at predicting the market, you may need to close your position on expiry.
legendary
Activity: 2506
Merit: 1394
October 11, 2019, 10:56:09 PM
#4
Margin trading on binance isn't that good. If you want to go margin trading then I suggest you to look at Bitmex and Okex.
(...)
But there are also some advantages if you are using Binance since Binance is multi purpose trading platform beside margin you can use your funds in normal trading, etc.

Speaking margin trading, there are some coins in Binance which you cannot have some huge leverage, like there are limits compare to Bitmex, you can cross leverage or 100x leverage in BITCOIN/USDOLLAR INVERSE PERPETUAL.
sr. member
Activity: 1456
Merit: 253
Margin Trader
October 11, 2019, 02:15:16 PM
#3
Margin trading on binance isn't that good. If you want to go margin trading then I suggest you to look at Bitmex and Okex. Both exchanges are good for margin trading, but as for me I prefer Okex. Here I described key points https://bitcointalksearch.org/topic/m.51951061
sr. member
Activity: 1330
Merit: 326
October 11, 2019, 03:25:45 AM
#2
I do. It somehow complicated since there is a need of leverage and stop loss.

To easily understand, Margin trading is a type of trading wherein you will borrow some funds from a broker to trade.

Here is one infographic that explains the basic margin trading.


You can check out this explanations for you to have a better idea how it really works.

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