How to open an Ethereum futures account? Ethereum futures account opening tutorial

Ethereum futures are generally standardized contracts based on the ETH price index, while Ethereum futures are usually traded in ETH. Ethereum futures began to be favored by investors as soon as they were launched and have become a popular trading method. However, for some investors who are new to Ethereum futures, they don’t know how to open an Ethereum futures account? The account opening process is actually very simple. As long as investors choose an Ethereum futures exchange and register according to the platform instructions, they can open an account. Next, the editor will bring you a detailed tutorial.

The latest price of ETH currency

$3674 ≈ ￥26452

##How to open an account for Ethereum futures?

The steps to open an Ethereum futures account are very simple and can be completed in just a few steps. Taking the Binance exchange as an example, the following is a detailed introduction to the tutorial:

1. Click here to enter Binance On the official website of the exchange, click [Register with mobile phone number and email] on the left

2. Binance has fully opened the registration of mobile phone numbers to mainland users. Enter the mobile phone number and click Just one step.

3. Swipe the puzzle to the right for security verification, and promptly check the 6-digit verification code received on your phone. The verification code is valid for 30 minutes. Please fill it in in time. Then click "Submit"

#4. Log in to your Binance account and click [User Center] - [Identity Authentication].

#5. On the Binance homepage, click "Derivatives" - "Binance Contract Overview". Alternatively, you can go directly to the contract trading interface.

#6. After you log in, please click "Open an Account Now".

7. You will be redirected to the contract trading interface. And click "Open Account Now" to open your contract account, and you can start trading after transferring funds into the account.

What are Ethereum futures?

Ethereum futures is a derivative based on Ethereum, which refers to a financial contract to buy or sell Ethereum at a fixed price at a specific point in time in the future. Futures trading is used for purposes such as hedging risks and raising margins. Ethereum futures first appeared in late 2017 and have since become a popular trading method in the digital currency market.

Trading products of Ethereum futures

Ethereum futures are widely used in hedging and speculative markets. In the speculative market, investors buy or sell Ethereum futures, which means they bear the risk that the price of Ethereum will rise or fall in the future. In the hedging market, investors buy and sell Ethereum futures at the same time to avoid the impact of future Ethereum price fluctuations on their Ethereum holdings.

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