Glossary
8 notes total
-
How Do You Set a Stop-Loss/Take-Profit Order? What's Different About OCO and Conditional Orders
A stop-loss/take-profit order is an order type that automatically closes a position once a preset trigger price is hit. Binance offers four main tools: Stop-Limit, Stop-Market, OCO, and conditional orders. This post tests how each one actually triggers using a real BTC spot position.
-
What's the Difference Between Transfer and Send? The Complete Rules for Moving Money Inside Your Binance Account
A transfer moves funds between different sub-wallets inside your own Binance account, fee-free and instant. Send usually refers to sending coins to another user or an external address, which can involve fees and on-chain waiting. This post tests internal transfer rules across Spot-Futures, Spot-Earn, and Funding-Spot scenarios.
-
What's the Difference Between USDⓈ-Margined and Coin-Margined Futures? Which One Should Beginners Pick
USDⓈ-margined futures use USDT for margin and PnL settlement, while coin-margined futures use crypto like BTC or ETH for margin. This post compares the two using an equal-size real position test to show the differences in margin, PnL curves, taxes, and liquidation prices, plus a recommendation for beginners.
-
How Is the Liquidation Price Calculated? What to Do When Your Margin Runs Low
The liquidation price is the trigger price at which Binance's futures system forcibly closes your position — determined by position size, margin, leverage, and the maintenance margin rate. This note uses a real 1,000 USDT BTC position to test liquidation price calculations under both Cross and Isolated margin modes, and explains what to do when your margin runs low.
-
What Is the Funding Rate? How Binance Futures Calculates This Fee
The funding rate is a fee settled every 8 hours between longs and shorts on Binance perpetual futures. This note uses real position data to walk through how the funding rate is calculated, when it's charged, which direction it flows, and how it affects your holding strategy.
-
What Is Slippage? Does It Happen on Both Binance Spot and Futures
Slippage is the gap between the price you see when placing an order and the price you actually get filled at. It shows up in Binance spot, futures, and C2C alike, though the causes differ. This note uses real test data on BTC, SOL, and SHIB to show how much slippage actually looks like, and how to reduce it when placing orders.
-
Limit Order vs. Market Order: What's the Difference and When to Use Each
A limit order sits in the book at a price you set until it's matched. A market order fills instantly at the best available price. Using real order screenshots from Binance spot trading, this note explains fill rules, fee differences, and which to choose in a volatile vs. a sideways market, plus an FAQ.
-
Spot, Futures, Leverage, Margin: 4 Terms Explained in One Line Each
New users landing on Binance for the first time often half-understand the terms they see. Here are the 4 core words — spot, futures, leverage, margin — explained in plain language.