Quantower team is proud to release the most requested and popular connection, Binance Futures, which allows analyzing and trading futures on the well-known cryptocurrencies. To start trading on Binance Futures via Quantower, just open an account or use your credentials to login to the platform — API Key and Secret Key.
How to create a new Binance Futures account
- Go to the Binance Futures official website to open a live account. If you want to create a demo account, you can open it on Testnet Binance Futures website
- Fill in the account registration form with your enail and safe password. Click on Create account and you will receive a verification email shortly. Follow the instructions in the email to complete your registration.
- Once you are on the Binance Futures page, you should be able to see the first two characters of your email address associated with your account in the top right corner.
- Click on the logo of your account and in the Settings section select API Management. Create a new API Key (if you don’t have it) and save it.
How to connect to Binance Futures in Quantower platform
- Launch Quantower platform and open Connections Manager. Select Binance Futures in the list and select the type of connections — INFO or TRADING mode.
- For trading, please enter your API Key and Secret Key.
How to change Leverage and Margin Type
Binance Futures allows you to trade various instruments and manually change the leverage for each one. To change it, open the Symbol Info panel and select the necessary symbol. At the bottom of this panel, there is a Leverage field where you can change the value and apply it by clicking the Enter button.
Binance offers two types of margin for futures trading:
Cross Margin Mode: Share your margin balance across all open positions to avoid liquidation. In the event of liquidation you risk losing your full margin balance along with any remaining open positions.
Isolated Margin Mode: Manage your risk on individual positions by restricting the amount of margin allocated to each. If the margin ratio of a position reached 100%, the position will be liquidated. Margin can be added or removed to positions using this mode.
