BLOFIN CRYPTO EXCHANGE - FUTURES TRADING - BEGINNERS TUTORIAL - 2024 - LEVERAGE TRADING - NO KYC

In this video I am going to do a step by step Blofin crypto exchange futures trading tutorial. At the time of making this video KYC was not necessary to use the Blofin crypto exchange. No vpn was required either. Perhaps that changes in the future? In this Blofin futures trading tutorial I will show you how to transfer your assets from your funding account and into your futures account. From there, I will take you into the Blofin futures market and show you the different pairings that you can trade on the Blofin futures market. Then I will get you familiar with the Blofin futures market user interface. After that I will explain the different margin modes and show you how to adjust your leverage. Then I will explain the funding rate and funding periods. After that, I will demonstrate trades going long and short using market orders, limit orders and how to set up a take profit as well as a stop loss. Then I will show you where you can find the trading fees. All of that and more with some tips and tricks along the way. This video is not financial advice and is for educational purposes only. Always do your own research before using any crypto exchanges including Blofin. Futures trading is also a high risk endeavor so manage your risk accordingly and do your own research before trading futures on any crypto exchanges.

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Disclaimer:
Kiel Wilson is neither an investment advisory service nor a financial advisor. Trading has large potential risk, you must be aware of the risks and be willing to accept them. Do not trade with money you can not afford to lose. Data and information provided through the Kiel Wilson's channel & videos is solely for entertainment and informational purposes. Nothing in this channel or videos and the information provided in it should be construed as a recommendation to buy or sell Stocks, Futures, Indices, Forex, Cryptocurrencies, or Commodities. Investing in Cryptocurrency, Bitcoin, or tokens is highly speculative and the market is largely unregulated - therefore anyone considering it should be prepared to lose their entire investment. CFD's, Futures, & Derivatives are complex instruments and come with a high risk of losing money rapidly. Futures, stocks and options trading involves substantial risk of loss and is not suitable for every person. Most retail investor accounts lose money when trading these instruments. It's up to you to do your won research and decide whether you understand how these work and whether you can afford to take the high risk of losing your money. Trade at your own risk, Invest at your own risk and understand that these videos are simply for entertainment purposes only.

Timestamps/Chapters
00:00 Intro
04:11 Internal Transfer
05:23 Pairings
06:34 User Interface
12:06 Margin mode and leverage
15:33 Funding rate
17:10 Market order, take profit & stop loss
27:28 Limit order, take profit & stop loss
35:56 Fees
37:00 Verification
38:05 Outro

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