8/6/2023 0 Comments Futures binanceIn the event of a service disruption on Binance Futures, you may use the “close all positions” function to cancel all orders and close all open positions. Binance shall not be liable for the final execution results due to the above factors.ġ4. Due to network delays, system failures and other possible factors which may lead to suspension or deviation of Binance Futures service execution, Binance will use commercially reasonable efforts to ensure but not promise that Binance Futures service system runs effectively. Understood the rules and risks of futures trading, and I agree that any loss incurred during futures trading is my own responsibility regardless of the platform.ġ3. To continue trading on futures, I have:Īns. What kind of behavior should I avoid when engaging in futures trading?Īns.- Strong gambling, trading addictions, continuous losses, and blaming others.ġ2. Insurance Clear Fee = Position nominal value * Liquidation fee rateĪns.- Yes, I am aware of the existence and calculation of the Insurance Clear Fee and the risks that may cause the balance to return to zero.ġ1. Are you aware that after a futures position is liquidated, in addition to the loss of the position, an Insurance Clear Fee will occur, which may decrease your futures wallet balance to zero? p.s. When a futures position is liquidated, what price is it based on?Īns.- Commissions, Insurance Clear Fees and Funding Fees while holding positions.ġ0. For example, I can use BTC as margin when I trade BTCUSD future.Ĩ. Which coin can be used as margin for a Coin-margined futures?Īns.- The base asset of this future. What is the maximum loss that may occur in futures trading?ħ. Which of the following description of Profit and Loss (PnL) is correct?Īns.- Realized PnL is calculated based on the opening price and the closing price after a position is closed.Ħ. But the limit order may not necessarily be filled as the latest market price may have moved away from the limit price.ĥ. Which of the following description of the Stop-Limit Order is correct?Īns.- The order will be placed at the limit price once the price hits the trigger price. But the executed price may not be equal to the trigger price.Ĥ. Which of the following description of Stop-Market Order is correct?Īns.- The order will be executed at the market price once the price hits the trigger price. Which action should you take when you receive this type of error message?Īns.- Divide the large order into several smaller orders.ģ. There is a maximum size limit for each order. Which of the following action should you take when you fail to place an order?Īns.- Check your network, save screenshots or related information, and ask for help from customer service.Ģ. Use our referral code 87122524 to get a 10% discount on the trading fee.ġ.
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