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Binance futures tutorial 2026: how to trade futures? Account opening, leverage, fees, and liquidation risks

How to trade Binance futures? This article uses USDT-M perpetual futures as an example and walks through step by step: first judge whether futures suit you (futures are high-leverage, high-risk products and can liquidate your entire margin), then open a futures account, choose isolated or cross margin, set leverage and position size, and finally run a complete 100 USDT BTCUSDT order from open to close. It focuses on "position size matters more than the leverage number", "a stop-loss is not the same as liquidation", and "fees are charged on notional value and funding fees settle on a schedule", plus the 7 mistakes beginners most often make.