What are the Binance Futures Signals
There is power in knowledge, and the more you know the higher your chance of making profit in crypto trading. Crypto trading signals are trading ideas or suggestions or forecasts that you can use as a guide to buy or sell a particular coin at a certain price and time. The signals may can either be generated manually by professional traders, or by automatically by trading algorithms and bots.
When you’re new to crypto trading, it is important you get help and support to setup your trading plans. This is where Binance Future Signals comes in handy. We help you setup with easy to follow step by step tutorials, guiding you throughout the process of learning and trading your crypto. Let no one lie to you that as a new trader you must make losses to learn. No, we have had people who start as new traders and still make good profits with the Premium Signals we showcase on this site.
Why trade on Binance Futures using Signals?
Trading cryptocurrency is easy if you think about the technical aspect. Getting used to the interface that the cryptocurrency broker provides will take a normal user about 2 to 3 days. However, really mastering the intricacies of trading in general is a process that really never ends. Traders need to have several weapons in order to be efficient. Let’s take a look at some of the most important.
Information is the key to success when it comes to trading. Having the correct information as soon as possible separates the BEST from the REST. In trading cryptocurrencies on Binance Futures , the information you are looking for is related to the newest projects that are listed on the exchange, their liquidity, social momentum and mood and really…. quantitative analysis.
Trading is hard to do manually , it involves scanning the markets, placing entry orders, stop losses and take profits. Many of our signal providers use trading tools that scan the markets 24/7 and use some kind of trading bot integration (Like Cornix for example) . These trading tools facilitate the order placing process and the scanning of the markets. Also, being part of a binance paid signal group can improve on the reporting you have on your trading activity.
Cryptocurrency Trading education
Trading education is one of if not THE most important tool a trader can have. There are many ressources online that help traders better understand the market, and it takes time to sink everything in, but remember that trading is not something that you get into overnight, preparation is key and having a good understanding on how the markets work is crucial. Some of the binance signal providers on our site offer trading education at multiple levels. The ones that are ranked higher offer the most education be it by streaming, written supports or even one on one learning sessions.
Benefits of trading on Binance Futures
Binance is one of the largest cryptocurrency exchanges of the world. It provides an extensive list of cryptocurrency pairs on the binance spot exchange and has the largest choice for pairs on the Binance Futures Exchange , adding new pairs almost every week.
According to Alameda Research , Binance is ranked number one on volume compared to other markets.
The Binance Futures exchange offers leverage to up to 125x and offers support for cross or isolated margin, offering extensive possibilities of trading while managing the risk management correctly through segmentation and position stacking.
Binance Futures pairs
As we have previously stated, Binance futures offer an extensive list for pairs traded in a leveraged manner. The supported pairs are:
Making profit on Binance Futures
Profiting from the market moves is the purpose of any trader, doing so consistently is the key to survival in trading. The best way you can use Binance Futures in order to make profits is of course winning trades, but how do you get your entries, take profits and stop loss?
On BFS we have taken upon ourselves the task of scanning, checking and validating the best Binance Futures Signal Providers that are available at this time. This site saves you time by showing all the informations needed about a service provider in one place, informations that are unbiased and results that are verified over the course of at least a full month.
Some signal providers provide education and the reasoning behind every trade they post, that’s why this feature weights heavily in our ranking system.