Does Binance Futures provide technical services?

Binance only provides technical services. Binance Futures constantly innovates to offer a wide range of services. Check them out below. Become a Binance Futures Affliate and earn up to 40% on trading fees. Earn profits by executing low buy orders that correspond to high sell orders.

What is last price and Mark Price in Binance futures?

To avoid spikes and unnecessary liquidations during periods of high volatility, Binance Futures uses Last Price and Mark Price. The Last Price is easy to understand. It means the Last Price that the contract was traded at. In other words, the last trade in the trading history defines the Last Price.

What are the different order types on Binance futures?

There are many order types that you can use on Binance Futures: A limit order is an order that you place on the order book with a specific limit price. When you place a limit order, the trade will only be executed if the market price reaches your limit price (or better).

What is funding/Countdown in Binance futures?

If you are going long on an asset, then you are required to pay certain interest to the short sellers. This interest must be paid every eight hours and is known as funding. This rate is usually 0.01%. Remember to keep this into account whether you are going long or short.