Binance Futures is a trading platform that was launched in 2019 as a product of the parent company Binance. Binance Futures was launched to enable traders to speculate on prices of Bitcoin and other popular altcoins such as Ethereum, Solana, Ripple and Litecoin. The platform allows leverage trading up to 125x.
The parent company Binance is the world’s largest cryptocurrency exchange, with more than 400 coins supported for deposit and withdrawal. Binance has received favorable reviews from the crypto community at large.
Keep on reading for a detailed Binance Futures review.
Binance Futures review summary: Binance Futures is the derivatives platform of the world’s largest crypto exchange Binance. You can trade more than 200 contracts with leverage up to 125x.Â
Futures trading has not been available for European users since November 2021 due to regulations. Binance applied for a MiCA licence in Greece in January 2026. Whether Futures will return to Europe remains unknown.
The first impression of Binance Futures
Binance Futures enables users to speculate on the price of Bitcoin and other popular altcoins. You can anticipate both rising and falling prices. The platform allows users to leverage up to 125x. This leverage means that a trader can multiply their profit (and also losses) by 125, making it extremely risky.
Note:Â for new users, the maximum leverage is limited to 20x. After 60 days, this is gradually increased.
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Binance Futures is a separate product of Binance, but it is integrated into the platform. Because they are two separate components, the wallets are also separated. With USDⓈ-M Futures you use USDT or USDC as collateral. With COIN-M Futures you use the underlying cryptocurrency as collateral. Profits and losses are realised in the respective collateral.
The Binance Futures user interface looks almost identical to the Binance spot trading interface, apart from a few additional features such as those used to control leverage and view open positions.
The maximum fees on Binance Futures are 0.05% (taker) and 0.02% (maker) per transaction. With BNB discount you pay 0.045% taker and 0.018% maker.
Additional 10% discount on Futures trading fees
Use our Binance Futures promo code to receive an extra 10% discount on the trading fees. When you hold the Binance Coin (BNB) token you will receive a discount on top of that.
Please keep in mind that the Binance Futures promo code discount is only valid for 30 days.
10% discount on Binance Futures Trading fees
Key features of Binance Futures
- Part of the world’s largest Binance exchange.
- Familiar Binance user interface.
- More than 200 Futures contracts available.
- Offers two Futures environments: USD and Coin Futures (supports trading of margined perpetual contracts).
- Binance Futures platform available on the App Store and Google Play. The platform is also compatible with both Mac and Windows for PC.
- Besides supporting Futures trading, the platform also supports margin, spot, P2P, and OTC trading.
- A wide range of indicators and drawing tools to support technical analysis.
- 24/7 customer support.
- Average daily trading volume of more than $96 billion.
Summary
| Offer | 400+ coins, more than 200 Futures contracts. |
| Fees | Maker: 0.02%; Taker: 0.05%. With BNB discount: 0.018% / 0.045%. |
| Payment methods | SEPA, Wero, credit card and crypto. |
| Staking | Yes, but with the regular platform of Binance. |
| Built-in wallets | Yes, for all cryptos. |
| Insurance | Yes, SAFU fund of $1 billion (15,000 BTC). |
| Bonuses | 10% discount on trading fees. |
| Registration | Required. |
| API | Yes, automatic trading is possible. |
| Support | 24/7. |
| Regulation | MiCA licence applied for in Greece (Jan 2026). Licences in multiple jurisdictions worldwide. |
Binance Futures Pros and Cons
| Pros | Cons |
|---|---|
| High trading volume and liquidity | Not available for European users |
| Industry-Leading Security (SAFU insurance fund) | Â No phone for customer support |
| Â Fiat to Futures | Â No MiCA licence yet (application pending in Greece) |
| A wide range of cryptos | Â Interface can be overwhelming for beginners |
Binance Futures offer
Binance Futures offers more than 200 Futures contracts that are tradeable. The platform supports more than 400 coins on the regular Binance exchange. Binance Futures offers leveraged trading of up to 125 times. This means that you can multiply your trades with 125x, you can imagine that this is very risky.
There are two types of contracts available:
- USDⓈ-M Futures: margined in USDT or USDC. This is the most commonly used type.
- COIN-M Futures:Â margined in the underlying cryptocurrency (e.g. BTC or ETH).
Both types offer perpetual contracts (no expiry date) and quarterly contracts. Perpetual contracts work with a funding rate. Quarterly contracts expire on a fixed date.
Some of the contracts they offer are: Chainlink, Ripple and Ethereum.
Guide how to trade Futures with Binance
Trading Futures is extremely risky and only suitable for advanced traders with a lot of experience. It’s important that you know what you’re doing.
Note: Binance Futures is not available in all regions. Check availability in your country before proceeding.
How to register a Futures account?
To access any service on Binance Futures, you must have an account with the exchange. Follow these steps:
- Navigate to the Binance Futures landing page, after logging in to your Binance account.
- Click Open Account, you will be directed to the Futures trading interface.
- Enter this Futures referral code to get a 10% discount: 35205504.
- Complete the short Futures knowledge test (mandatory since 2022).
- Click Open now to activate your Futures environment.
If you are not registered for a Binance account:
- Go to the Binance website.
- Click Register and fill in the required information: Email/Phone number, Password, and Referral ID: R6B978SJ.
- Check that you agree with Binance Terms and then click Create Account.
- An activation code will be sent to your email/phone. Enter it to complete your registration.
- Complete the KYC verification (mandatory for all users).
- Your Futures account has been enabled successfully and you can start trading.
How to deposit fiat or crypto?
To trade on the Binance Futures platform, you need to fund your USDⓈ-M or COIN-M wallet. You can transfer crypto from your spot wallet to your Binance Futures wallet.
- Select Wallet and click on Spot on the regular Binance platform.
- Click Transfer (on the top right-hand side of the wallet page).
- Select USDT or USDC from the dropdown menu.
- Select USD-M Futures or COIN-M Futures on the other side.
- Enter the amount you wish to transfer and click Confirm.
You will of course need to already have USDT, USDC or another cryptocurrency in your account.
How to open a long position?
- To place a limit order, you must specify the price at which you want to buy the crypto. With a market order, your order is executed at the current market price.
- On the Order Quantity tab, enter the amount of the cryptocurrency that you wish to buy. For example, a target price of $30,000 and use the slider to assign a percentage.
- As soon as the price hits the set level, your buy/long order will be executed.
- Your position will open as soon as you hit the Buy/Long button.
How to open a short position?
If you want to anticipate a declining price, you can open a short position. A short position also has a liquidation price.
- To set a short position, you must specify the price at which your order will be triggered.
- On the Order Quantity tab, enter the amount, use the slider below.
- As soon as the price hits the set price, the short position will be executed.
- Your position will open as soon as you hit the Sell/Short button.
Different Trading Options
The different trading options of Binance Futures. Make sure you know what everything means before opening a trade.
Limit TP/SL
The limit order feature allows you to add a Take Profit (TP) and Stop Loss to your trade. When opening a position, you will see TP/SL in the order menu. By ticking the box, you can add a take profit or a stop loss.
Reduce-Only
Ticking Reduce-Only ensures that new orders you set will only decrease, and never increase your current positions.
Leverage
Binance Futures allows you to leverage between 1 to 125 times on the exchange’s crypto perpetual contract. The leverage is set by default based on your experience: 2x for beginners, 5x for experienced users and 20x for advanced traders. New users are limited to 20x leverage during the first 60 days.
The maximum amount of leverage available for traders varies depending on the size of the position. The larger the position, the lower the leverage allowed.
This leverage means that, as a trader, you can multiply your profit (and also losses) by 125. Keep in mind that it is extremely risky to trade with leverage.
Margin Ratio
On the right bottom corner of the dashboard, there is the Margin Ratio. Margin Ratio helps you to keep track of your position to avoid auto-liquidation of your position that happens when your margin ratio reaches 100%.
Maintenance margin
Maintenance margin is the minimum account balance (collateral) you must hold to keep trading positions open. If your margin drops below the maintenance margin level, you will either receive a margin call, asking you to add more funds to your account, or be liquidated.
This value changes according to market price and your account balance.
Margin Balance
The Margin Balance is the balance of your Binance Futures account, including Profit and Loss (PnL). Your profit and losses will cause your Margin Balance to change.
Isolated vs Cross Margin
With Isolated Margin, only the set collateral of a specific position is used. If you get liquidated, you only lose the collateral of that one position. With Cross Margin, your entire Futures wallet balance is shared across all your open positions. This offers more flexibility but also more risk.
Verification and Limits
KYC verification is mandatory for all Binance users. Without KYC you cannot open an account or trade. Binance requires a copy of your ID card/passport and a selfie with this document. Address verification may also be required.
Binance Futures fees and other costs
The fees for Binance Futures are 0.05% for taker orders and 0.02% for maker orders at the base level. You receive a discount on the fees as you trade more. With BNB as the payment method for fees, you get an additional 10% discount.
The Binance Futures fees are as follows:
| Level | 30D Volume (USD) | or/& | BNB Balance | Maker | Taker | Maker (BNB discount) | Taker (BNB discount) |
|---|---|---|---|---|---|---|---|
| VIP 0 | < $10M | or | ≥ 0 BNB | 0.0200% | 0.0500% | 0.0180% | 0.0450% |
| VIP 1 | ≥ $10M | & | ≥ 25 BNB | 0.0160% | 0.0400% | 0.0144% | 0.0360% |
| VIP 2 | ≥ $25M | & | ≥ 100 BNB | 0.0140% | 0.0350% | 0.0126% | 0.0315% |
| VIP 3 | ≥ $100M | & | ≥ 250 BNB | 0.0120% | 0.0320% | 0.0108% | 0.0288% |
| VIP 4 | ≥ $200M | & | ≥ 500 BNB | 0.0100% | 0.0300% | 0.0090% | 0.0270% |
| VIP 5 | ≥ $300M | & | ≥ 1000 BNB | 0.0080% | 0.0270% | 0.0072% | 0.0243% |
| VIP 6 | ≥ $500M | & | ≥ 1750 BNB | 0.0060% | 0.0250% | 0.0054% | 0.0225% |
| VIP 7 | ≥ $750M | & | ≥ 3000 BNB | 0.0040% | 0.0220% | 0.0036% | 0.0198% |
| VIP 8 | ≥ $1B | & | ≥ 4500 BNB | 0.0020% | 0.0200% | 0.0018% | 0.0180% |
| VIP 9 | ≥ $1.5B | & | ≥ 5500 BNB | 0.0000% | 0.0170% | 0.0000% | 0.0153% |
Binance offers new users 10% off on all Futures trading fees when holding the Binance Coin (BNB).
New users can also use the referral code:Â 35205504Â to get 10% off Binance Futures fees for the first 30 days.
Withdrawal fees vary per crypto and network. You pay network fees that are used to process the transaction on the blockchain.
Funding Rates
With perpetual contracts, funding rates are settled every 8 hours between long and short positions. If the funding rate is positive, long positions pay short positions. If the funding rate is negative, short positions pay long positions. Binance does not charge any extra fees for this. The funding rate can have a significant impact on your returns, especially for positions that are open for longer than a day.
USDS-M Futures and COIN-M futures
Binance offers two types of Futures platforms:
- USDⓈ-M Futures are margined and settled in USDT or USDC. This is the most popular type and has the highest trading volume and liquidity.
- COIN-M Futures are margined and settled with the chosen asset, such as Bitcoin or Ethereum. By using COIN-M Futures, you can be paid out in the chosen cryptocurrency instead of stablecoins. This has made this form of trading popular among investors who want to increase their crypto position.
Both types offer perpetual contracts (no expiry date) and quarterly contracts (fixed expiry date).
Is Binance Futures safe?
Binance Futures is supported by one of the most popular and reputable cryptocurrency trading platforms across the world, Binance. It is the world’s foremost cryptocurrency exchange with the biggest average daily trading volume. Binance is present in over 180 countries and has over 300 million users worldwide. Since Binance Futures is a product of Binance, the platform gains from their reputation.
Every investor needs to know that Futures trading is very risky, especially when you don’t know what you are doing or when you are using high leverages. Even though they offer a leverage of 125x, it’s not wise to use a leverage over 10x. You can easily lose your investment and get liquidated with a high leverage. However, you can never lose more than your initial collateral for that specific position (in Isolated Margin mode).
The SAFU insurance fund of Binance also insures your Futures wallet. The fund was fully converted to Bitcoin in February 2026 and contains 15,000 BTC worth approximately $1 billion.
Settlement with US authorities
In 2023, Binance paid a $4.3 billion settlement to US authorities for violations of anti-money laundering and sanctions rules. Former CEO Changpeng Zhao (CZ) pleaded guilty and served a four-month prison sentence. Since 2025, Binance is led by CEO Richard Teng, who has a background in financial regulation. Binance has since invested heavily in compliance, but the history remains a point of attention.
Regulation
Binance currently does not hold a MiCA licence in Europe. An application is pending in Greece but has not yet been approved. Comparable platforms like Bitvavo (MiCA licence), Bybit EU (MiCA licence, Austria) and OKX (MiCA licence, Malta) have already taken this step.
Always take the following precautions for extra security:
- Use a unique e-mail address and a strong password.
- Activate 2FA.
- Never click on advertisements or links in e-mail messages.
- Enable an anti-phishing code when communicating.
- Withdraw funds that you do not trade with.
Binance Futures FAQ
Do you have a Binance Futures Referral Code?
Yes, when you use the referral code: 35205504, you will receive a 10% discount on your trading fees!
What are the Binance Futures fees?
The fees for Binance Futures are 0.05% for taker orders and 0.02% for maker orders at the base level. The fees decrease the more you trade. With BNB as the payment method for fees, you get an additional 10% discount.
Is Binance Futures available in Europe?
No. Binance Futures has not been available for European users since November 2021. Binance has applied for a MiCA licence in Greece. Even if approved, a separate MiFID II licence would be required for derivatives trading to return to Europe.
What is a good alternative for Binance Futures?
Popular alternatives include Bybit (futures with up to 200x leverage), Bitvavo (short selling on BTC, ETH, XRP, SOL, ADA) and OKX. Availability of derivatives varies by region.
Which payment methods does Binance Futures support?
Binance supports SEPA bank transfer, Wero, credit card, P2P trading and crypto deposits. Availability of payment methods varies by region.
How many contracts does Binance Futures offer?
Binance Futures offers more than 200 Futures contracts, divided into USDⓈ-M and COIN-M types. The platform supports both perpetual and quarterly contracts.
What is the maximum leverage on Binance Futures?
The maximum leverage is 125x on the largest contracts such as BTC/USDT. For new users, there is a limit of 20x during the first 60 days. Smaller altcoins have a lower maximum leverage of 20x to 75x.
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