FAQs
Binance Futures Leaderboard Scraper is an Apify actor which lets you extract data from Binance by using any filtering and sorting options provided by Binance. You can read more in this blog post about how this actor works.
How do you get on the Binance leaderboard? ›
The most successful traders are displayed on the Leaderboard. This allows other traders to follow them and copy their trades. To be listed on the Binance Leaderboard, traders must have a consistent performance and good results. They must also have strict risk management and a low drawdown rate.
How do I access mock trading in Binance futures? ›
You will be allocated a virtual amount of funds in mock copy trading, and no real positions will be opened.
- Log in to your Binance account and go to [Futures] - [Copy Trading].
- Choose a portfolio to copy. ...
- Read the notes carefully and click [Start].
- You have successfully copied the portfolio.
How do I create a Binance futures API? ›
- Step 1 - Enter the API Management section.
- Step 2 - Click the Create API button. Click on the Create API button. ...
- Step 3 - Choose API Key Type. ...
- Step 4 - Provide Your API with a Name. ...
- Step 5 - Security verification. ...
- Step 6 - API permissions.
How risky is Binance futures? ›
High volatility: Futures trading involves high levels of volatility, which can lead to significant gains or losses. Traders need to be prepared for the potential risks associated with this volatility. 2. Leverage risks: Binance futures offer high leverage options, which can amplify both profits and losses.
How profitable is Binance Futures trading? ›
Binance Futures trading can be a profitable venture when approached with the right knowledge, strategy, and risk management. Remember that it's a dynamic market, and there are no guarantees. Start small, learn continuously, and use the resources available to you to make informed trading decisions.
Is Binance mock trading real? ›
Mock Copy Trading on Binance is a risk-free, educational feature that simulates real Copy Trading, allowing users to practice and learn with virtual test funds. Expand your trading insights by engaging with up to 10 different lead traders, each allocated $10,000 USDT, providing an educational spectrum of strategies.
How do you use Binance Futures demo? ›
To access the Binance demo account in the app, open the "Futures" section in the main menu. Then Click the icon with three dots (at the top of the screen). A widget with different app functions will appear. Select the "Mock Trading" option.
Is Binance Futures now integrated with TradingView? ›
With this integration, users with a Binance Futures account will be able to log in and trade almost 200 crypto perpetual futures pairs on Binance Futures' exchange directly from the TradingView charts and utilise numerous unique advantages — the exchange leads the market in derivatives trading volume and liquidity, ...
Is the Binance API free? ›
Binance offers a free API that allows developers to interact with the Binance platform and create custom trading applications.
The default rate limit per IP is 2,400/min, and the default order limit per account/sub-account is 1,200/min. *For order limit, there is an additional 10-second limit, default at 300/10s. Any adjusted order limit will be ⅓ of the minute limit. e.g., 3,000/min carries a 1,000/10s order limit.
What is the Binance future trading technique? ›
Here are a few tips:
- Choose volatile assets. Volatile assets are those that move in price quickly. ...
- Do your research. Before you trade any asset, it is important to do your research and understand the factors that can affect its price. ...
- Use stop-loss orders. ...
- Take profits regularly. ...
- Start small.
What is the grid bot strategy in Binance futures? ›
The futures grid bot strategy is to buy assets at a low price and sell them at a higher price within set limits. If the asset price falls below or rises above the range, the bot will stop working. Trading will resume only after the price returns to the specified range.
Who is the world's best Binance trader? ›
1. Takashi Kotegawa: Japanese trader turned $13,000 into $153 million in 8 years, trading stocks from his bedroom. 2. George Soros: Known as "The Man Who Broke the Bank of England," Soros made $1 billion in a single forex trade.
Does scalping work on Binance? ›
Scalping is a trading strategy that involves taking small profits on short-term price movements. This can be a very effective way to trade on Binance, as the exchange offers a wide variety of assets with high liquidity and tight spreads. One popular scalping strategy on Binance is to use the 15-minute timeframe.