Binance Futures is where Legion Bot executes trades. Here is everything you need to know about futures trading.
Perpetual vs Quarterly
Perpetual contracts have no expiration and use funding rates. Quarterly contracts expire every 3 months. Legion Bot trades USDT-margined perpetuals for liquidity and funding arbitrage.
Margin and Leverage
With 5x leverage and 100 USDT margin, you control 500 USDT. This amplifies both profits and losses. We never exceed 5x leverage.
Order Types
Market orders execute immediately. Limit orders at specified prices. Stop-market orders for stop-losses. Take-profit orders to lock in gains automatically.
Risk Management
Never risk more than 1-2% per trade, always use stop-losses, avoid adding to losing positions, keep leverage low, and track every trade.