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Binance Futures is a separate platform of the BINANCE cryptocurrency exchange offering the opportunity to trade futures. Futures is a contract with a future date. The contract, in turn, is a financial transaction, a type of product, relations on which will be settled in the future. The most striking example is the Bitmex exchange.

The main difference between Binance Futures and the normal crypto market (Spot market) is the price of the digital money. That is, the rate, for example, BTC_USDT in the Spot market is different from the BTC_USDT in the Futures market. Moreover, the course and cost of any coins on the Futures are always higher. This is due to additional costs for the profitability and storage of contracts.

In the short term, the difference in asset prices is very significant. However, in the long run, Binance uses a system of financing rates, which allows bringing prices closer between Futures and Spot markets. You can trade BTC_USDT in the Futures market as well as in the Spot market. Here is using traditional contracts, not the reverse contracts.