When it comes to futures on Binance, the question isn’t how long can you hold them, but rather how short can you go? Binance Futures offers some of the highest leverage in the industry at up to 125x. That means that for every $1 you have in your account, you can trade up to $125 worth of contracts.
Of course, with high leverage comes high risk. It’s important to remember that your losses can also be magnified by the same factor.
So, while you can make some serious profits if things go your way, you can also lose everything just as quickly.
That’s why it’s important to use stop-losses and take-profits when trading on Binance Futures. These orders will automatically close your position if it reaches a certain price.
That way, you can limit your losses and lock in profits without having to constantly monitor the market.
So, how long can you hold Binance Futures? As long as you want, provided you’re comfortable with the risks. Just remember to use risk management tools like stop-losses to protect yourself from potential losses.