Only if you pull out your bitcoin from an exchange to a cold wallet, it is a real bitcoin that you have. you can not even do trade on an asset that has not been produced yet. (bitcoin is not a "coin," ownership of a coin means possessing the private keys- 12 or bitcoin 24 words you- all coins are on the bitcoin blockchain.) Therefore, before withdrawal from an exchange you buy and sell the price of a coin like an ETF, btc rather than the asset itself. This is true, yet- clearly you assume if you received bitcoin's it would halal? As it entails a factor of probability- (refer to Ashur's Treaties of Law.) Also you say, at 4:08 "it's as if a bet is placed" referring to receiving cash for a bitcoin settlement. Also gambling can be done with bitcoin as well, as lighting network bitcoin casino's exist. any bitcoin that is exchanged on a platform that allows you to gable with futures, never gives you ownership of the bitcoin anyways.

Binance’s Friday announcement stated that the venue’s terms of service had been updated to include Ontario in a list of restricted jurisdictions, effective June 26. Ontario residents using the platform have until December 31 to close out active positions.

carry out any regulated activities for which" it lacks permission. On Friday, Binance announced that it has designated Ontario a "restricted Jurisdiction." The move preceded a notice from the UK’s Financial Conduct Authority (FCA) which stated that Binance "must not.

Binance’s CEO – Changpeng Zhao – said he decided on this step as he wanted it to represent a "proactive measure" for establishing "crypto compliance best practices worldwide", and that includes Hong Kong restrictions.

Binance, which has come under numerous regulatory challenges in the last few months in the US, UK, Malaysia and Thailand, recently said it would be changing its mindset from that of a tech start-up to acting as a financial institution, with all related licensing and compliance procedures in place.

This effort is beginning to take form in practice: Canadian regulators, for example, have provided trading venues a path towards compliance, and have taken action against venues that haven’t taken this path. Global regulators have made it clear that crypto businesses would be allowed to develop, but on national governments’ terms. The implications of such an approach are fragmented national crypto markets with traders in one region typically unable to access venues in another.

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New Binance users from Hong Kong can no longer open futures accounts and we will wind-down access for existing users. This is one of many proactive measures Binance is taking to help establish crypto compliance best practices worldwide.https://t.co/D1JKx52O7T — CZ _ Binance (@cz_binance) August 6, 2021.

According to an official announcement, the huge exchange plans to restrict users "in respect of derivatives products (including all futures, options, margin products and leveraged tokens) in-line with our commitment to compliance".

For some time now, Hong Kong officials have been tightening the oversight on cryptocurrency trading while, binance at the same time, forcing all platforms to register with a local government and to be subject to anti-money laundering and counter-terrorism financing rules.

These traders will exploit various arb opportunities that will persist across regional trading venues. This fragmentation will benefit traders operating out of jurisdictions that allow for access to liquidity across regions. In Canada this scenario is largely playing out. Domestic traders are able to access fewer and fewer offshore venues, but continue to access venues that have made efforts towards local compliance, like CoinSquare and Coinbase.

And no one is forcing me to sell it except for the liquidation price which I can control by investing more money when it gets closer to that price point. I think of future as spot. And i came here to clear that. The only two things that remain to cover are leverage and interest. So there is no gambling for a person who has more money. The only difference i find is the leverage.

Binance responded that the FCA statement is related to Binance Markets Limited (BML), ". a separate legal entity" which "does not offer any products or services via the http://Binance.com website." According to Binance, the FCA’s notice "has no direct impact on the services provided on Binance.com."

By going long, a trader buys a futures contract with the expectation that it will rise in value in the future. Conversely, bitcoin a trader sells a futures contract to go short, to bet on prices to decline in the future. Visit for Binance Futures Insufficient Margin. Step 1: Go to the Binance Futures registration page. Step 2: Fill out the form by entering your email and password. Binance Futures Insufficient Margin: In brief, Binance Futures trading, you can participate in market movements and make a profit by going long or short on a futures contract by using up to 125X leverage. After that, tick the box to agree to Binance’s terms of use and click on the 'create account' button. First click the link to go to Binance’s registration page. After entering your verification code, your email address will be confirmed and bitcoin you can start using your Binance account. Binance developers and global community members continuously work to improve the ecosystem and popularize the use of cryptocurrencies globally. Check out your email address for the confirmation code. Depositing funds is entirely free with Binance. Binance Futures allows you to trade various instruments and manually change the leverage for btc each one. The exchange is a great trading option for binance futures both beginners as well as experienced traders. Go to official Binance Futures page from here. Step 3: Verify your email address. Password must be at least 8 characters with uppercase letters and numbers. Trade over 180 cryptocurrencies on Binance. Binance is one of the major altcoin exchanges with one of the best selection of tradable assets.