Let's dive into some popular trading types and strategies on Binance:
Spot Trading: Buying and selling cryptocurrencies at current market prices. It's straightforward and ideal for beginners.
Margin Trading: Borrowing funds to trade larger amounts. It can amplify gains but also increases risk.
Futures Trading: Trading contracts that speculate on the future price of cryptocurrencies. It allows for leverage and hedging.
Options Trading: Buying and selling options contracts, giving the right but not the obligation to buy or sell at a specific price.