I am a beginner in cryptocurrency trading, and recently I received a Binance Futures position voucher as a reward on my Binance account.
Before this, I had very limited knowledge about futures trading, and I was hesitant to try it because of the risks involved. This voucher gave me a good opportunity to learn how futures trading works without using my own money, so I decided to use it and share my experience for other beginners.
What is a Binance Futures Voucher?
A Binance Futures position voucher allows users to open a futures trade using virtual margin provided by Binance. This means you do not need to deposit your own funds to open the position.
The voucher is mainly designed for learning and practice purposes. If the trade results in a profit, the profit can be credite real USDT according to the voucher rules. If the trade goes into loss, the loss is covered by the voucher, not your personal balance.
How I Used the Voucher?
In my case, I received a 30 USDT futures position voucher. After reading the voucher details carefully, I opened the Futures section and selected the ETHUSDT trading pair. I chose a position direction based on market movement and monitored the trade closely.
While the trade was running, I learned about important futures concepts such as margin balance, unrealized PnL, and realized PnL. I noticed that the profit and loss kept changing as the ETH price moved, which helped me understand how volatile futures trading can be. Once the trade moved in my favor, I decided to close the position manually using the market close option.
Result After Closing the Trade
After closing the position, the trade was settled successfully. The profit from the trade was transferred to my Funding wallet as real USDT. What I liked most about this experience was that I was able to learn futures trading mechanics without risking my own capital. The voucher made the learning process much less stressful and more practical.
Lessons I Learned as a Beginner
This experience taught me several important lessons:Futures trading is risky and prices can change very fast.Understanding unrealized and realized PnL is very important.Futures vouchers are excellent tools for learning, not for gambling.Always read voucher terms and conditions before using them.Beginners should start small and focus on education rather than profit.
Final Thoughts
Using a Binance Futures voucher was a valuable learning experience for me. It helped me understand how futures trading works in real market conditions without financial pressure. For beginners who want to explore futures trading, vouchers can be a good starting point, but it is important to trade responsibly and continue learning before using real funds.
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