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How do I use the Binance perpetual futures calculator?

avatarAllison BarbeeDec 15, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use the Binance perpetual futures calculator? I'm new to trading and would like to understand how to utilize this tool effectively.

How do I use the Binance perpetual futures calculator?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to use the Binance perpetual futures calculator: 1. Log in to your Binance account. 2. Navigate to the Futures section and select Perpetual Futures. 3. Choose the trading pair you want to calculate. 4. Click on the 'Calculator' tab. 5. Input the contract size, leverage, and position size. 6. The calculator will display important metrics like liquidation price, profit/loss, and funding rate. 7. Utilize this information to make informed trading decisions. I hope this helps! If you have any more questions, feel free to ask.