Binance Futures stopped in Germany and other Countries; these are the alternatives.
However, accessing Binance from the US is quite simple — you’ll just need a VPN. Not only will you be able to circumnavigate this geo-blocking, but you’ll also be protecting your sensitive financial data and online activity with the amped-up security VPNs offer.
can use this platform, it is not available in all states . Currently, the platform is only available in 43 of the 50 U.S. While supported in the United States, this is not entirely accurate, binance futures despite what the name suggests. Whether this will happen remains to be seen. This is far from perfect, and the company has said that it plans to launch in all states by the end of the year. Unfortunately, while most users in the U.S.
If you set up a further stop loss that favors the trend you followed in your initial trade, and place a high risk/reward ratio on it, you may be able to further expand your profits. When you have successfully executed a trade based off of a high probability setup, then you can feel comfortable about continuing your streak. A technique that can help accelerate account growth is by compounding your profits.
This is a long-term strategy that demands you to approach each trade with a prepared strategy. The strategy maintains values that protect your funds, i.e., cutting off losses early, sets realistic expectations, and protects your emotions.
Binance quickly complied, stating "we are announcing that we will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings. Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens after 2021-10-14 19:55 (UTC)."
VPNs change your IP address so you’re accessing the site from an eligible country. If you already have a Binance account or are from a country that’s eligible and want to set one up, you can access Binance from the US with a VPN. Check out our full article for more information.
Log in with the credentials you created at registration. Navigate to Binance.com to log into your account or set one up. For strong connections, binance we recommend Sweden, Switzerland, or Poland. Connect to a server in a country that accepts Binance. Download the software onto your device. We recommend NordVPN for its fast, reliable speeds and security protocols.
FTX as the most innovative platform for futures and derivatives, which also allows euro deposits and builds up German-speaking support. Our three recommendations for reputable trading venues for crypto futures are based on our own experience. Thus, after the withdrawal of Binance, this choice results for you: Bybit with euro deposits and lean Portofolio as a good overall package for traders who are English-speaking. BitMEX as the established class elder with good conditions for all who calculate in Bitcoin. We rate other often mentioned names as less trustworthy for the very same reasons.
A 24/7 customer support service is also essential in case you run into any problems. You’ll want your VPN provider to offer plenty of informational material on their website. This might include specific explanations of VPN protocols, servers, and tips on how to increase your VPN speeds.
Finances often become associated with self-esteem, optimism, fear, even mental health, and to some extent, physical health. Your trades are only personal to you, and you should focus on building for yourself rather than in competition. Remember, it isn’t important how large someone else’s account is or how much they trade, win, or btc lose.
But all lamentation is of no help, because a quick resumption of this line of business at binance futures Germany is not to be expected. with low fees and high trading volumes. The end of futures and derivatives trading at Binance for customers residing in Germany came as a surprise last week. A look at the figures of larger crypto trading venues for futures and derivatives reveals three alternatives: And it might have hit many of you as well, because Binance has become the number one platform worldwide for futures based on Bitcoin and Co.
: This platform is growing rapidly and has a proven crypto expert at the helm in CEO Sam Bankman-Fried. Biggest minus point: Furthermore, there is no German-speaking support at Bybit. The fee policy at Bybit is fair and deposits in euros are possible. is the oldest platform for Bitcoin futures with its launch from 2014. Since the German Alexander Höptner (formerly Stuttgart Stock Exchange) took over the leadership, BitMEX seems to be back in calm waters. The portfolio at Bybit is relatively narrow, but various products are covered for the lead currencies Bitcoin (BTC) and Ethereum (ETH). Like Bybit, FTX also allows deposits in euros. Two negative points reduce the positive overall impression: You cannot deposit euros at BitMEX yet and there is no German-speaking support at BitMEX (yet). Other pluses: FTX has already translated parts of its web presence into German and offers a broad and clever range of instruments for your investment strategy with over 100 futures and derivatives. With Bitcoin futures based on the Euro, BitMEX has a unique selling point. In addition, BitMEX covers futures and derivatives on a good handful of major cryptocurrencies. : This crypto exchange has attracted attention in Germany through a cooperation with the traditional club Borussia Dortmund and also offers trading in futures and derivatives in this country.