Here are some things to consider before you start trading futures:
Do your research: Make sure you understand how futures contracts work before you start trading them. There are many resources available online and in libraries that can help you learn more about futures trading.
Start small: If you are new to futures trading, it is best to start with a small amount of money. This will help you limit your losses if the market moves against you.
Use stop-loss orders: A stop-loss order is an order that instructs your broker to sell your futures contract if the price reaches a certain level. This can help you limit your losses if the market moves against you.
Overall, futures trading is a risky proposition. It's important to be aware of the risks before you start trading and to take steps to manage your risk.
Here's some additional information about HIVEUSDT Futures:
HIVEUSDT Futures is a contract that allows you to speculate on the price of HIVE tokens using USDT (Tether).
Binance launched HIVEUSDT Perpetual Contract With up to 75x Leverage on December 23, 2024.
The maximum leverage for HIVEUSDT Futures is 75x. This means that you can control a position worth up to 75 times the amount of money you deposit.