Binance launched its futures heatmap tool on September 7. Alright what is this heatmap tool? and how is it used?
The heatmap is a tool that reflects the rising and falling trends of the top 30 contracts listed in the Binance futures section. This tool allows traders to follow what is happening in the market in a shorter and more understandable way.
The heatmap allows users to analyze the performance of coins in Binance futures in terms of trading volume and percentage change.
How to Open Binance Heatmap?
First of all, for this Binance You must have an account. If you do not have a Binance account, you can open a Binance account from the 20% commission discount link at the bottom of the page.
Then we open the Binance futures trading interface and click on the settings tab in the upper right.
Here, after activating the “heatmap” tab, we scroll down a little bit and we can see the heatmap.
We can choose whether we want to use the heatmap based on trade volume or 24-hour price change.
When we mouse over a contract, we can see the trade volume and the 24-hour change.
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