Spot trading is when you buy or sell cryptocurrency immediately at the current market price.
You really become the owner of the coin after the transaction.
Example of spot trading:
1. You enter an exchange (for example, Binance).
2. You see: Bitcoin is currently priced at $60,000.
3. You decide to buy 0.01 BTC for $600.
4. You place a "Buy at market price" (Market Order) order — you press the button.
5. Within 1-2 seconds, you already have 0.01 BTC in your account.
Now you can:
Store BTC on the exchange or transfer it to your wallet.
Sell at a higher price later if Bitcoin rises.
Key points of spot trading:
Everything is real: you own the asset.
Buying and selling happens instantly.
There is no leverage (like in futures).
Lower risks because you can't lose more than you invested.