I use binance exchange for trading and I came across margin trading and futures and options, can someone explain to me the difference? Which one is on par with binary trading that you only need to bet on price up or down? Thanks

In margin trading, the exchange, in this case Binance, is loaning you the extra funds just in case you decide to leverage. A 1:3 leverage means Binance will lend you the extra 2 BTCs or ETHs, boosting your position. Stakes are equally high if prices tank, you will be liquidated if prices move against your initial position. Futures trading on the other hand allows leverage (up-to 125X) and long or short positions can be opened. However, the position can be held until expiry. It's a binding agreement and often cash settled.