Imagine a country which is crypto-friendly, tax-free and also safe.
Yes, we’re talking about the United Arab Emirates (UAE).
If you are a UAE resident, living in Dubai or any other city, and want to trade crypto futures, you can open a Binance Futures account.
To open your Futures account on Binance, you should first have a Binance account.
If you don’t have a Binance account yet, you can click the button below or use the referral ID ”WRYOO8BZ” to open your Binance account with a 20% fee discount:
After opening your Binance account or logging in to your existing account, click the USDS-M Futures page under the derivatives menu on the website or the Futures tab on mobile to open your Futures account on Binance.
You can enter the code ”10indirim” when opening your Futures account on Binance and receive a 10% fee discount on futures fees.
You may be required to complete a quiz about risks and futures trading before opening your Futures account on Binance.
You may not know the correct answers or understand questions which is fine and you don’t need to worry about that.
Once you answer all questions and submit the quiz, your incorrect answers and the correct alternative are displayed.
So you can easily fix your incorrect answers and complete the quiz.
After opening your Futures account, you can transfer crypto from your Fiat and Spot wallet to USDS-M Futures or COIN-M Futures wallet and start trading.
If you don’t have any crypto/fiat currencies in your Binance account, you can refer to our tutorial on how to deposit money to Binance.
Futures trading is not complicated or difficult at all, but there are a lot of things that you need to know.
To learn everything that you need to know about trading on Binance Futures such as opening long and short positions, fees, funding, stop loss and liquidation, check out our tutorials below: