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Day10of100Whatisspottradding

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Crypto_Adviser
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**🔥 Day 9: "What is Spot Trading" *"Want to trade crypto without risk? Spot trading lets you OWN $BTC like digital gold—no interest, no leverage traps. Here's how it works: Example: You want to buy 0.01 $BTC , and the market price is $85,000. You place a spot buy order, and if it matches with a seller, the trade is done instantly. You now own that 0.01 $BTC in your spot wallet. Key Terms: Market Order: Buys/sells immediately at the best available price. Limit Order: Sets a specific price you’re willing to buy/sell at. Stop-Limit: A tool to help manage risk by triggering orders when certain prices are hit. Why Use Spot Trading? Simple to understand. No borrowing or leverage involved. Great for holding crypto long-term or making direct exchanges. Tip: Always double-check the trading pair (like BTC/USDT or ETH/BUSD) and the current price before placing an order. *"Do you prefer spot trading? Share your thoughts below!"* *(Note: I'm still learning—correct me if I'm wrong!)* Tomorrow Topic "The Hidden treasure of Binance" Expect what is that ? #Day10of100Whatisspottradding {future}(BTCUSDT)
**🔥 Day 9: "What is Spot Trading"

*"Want to trade crypto without risk? Spot trading lets you OWN $BTC like digital gold—no interest, no leverage traps. Here's how it works:

Example:
You want to buy 0.01 $BTC , and the market price is $85,000. You place a spot buy order, and if it matches with a seller, the trade is done instantly. You now own that 0.01 $BTC in your spot wallet.

Key Terms:

Market Order: Buys/sells immediately at the best available price.

Limit Order: Sets a specific price you’re willing to buy/sell at.

Stop-Limit: A tool to help manage risk by triggering orders when certain prices are hit.

Why Use Spot Trading?

Simple to understand.

No borrowing or leverage involved.

Great for holding crypto long-term or making direct exchanges.

Tip: Always double-check the trading pair (like BTC/USDT or ETH/BUSD) and the current price before placing an order.

*"Do you prefer spot trading? Share your thoughts below!"*

*(Note: I'm still learning—correct me if I'm wrong!)*

Tomorrow Topic "The Hidden treasure of Binance" Expect what is that ?
#Day10of100Whatisspottradding
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