#TradingTypes101

Binance offers several types of trading to match different user needs. Spot trading is the most common, where users buy or sell cryptocurrencies at current market prices. Margin trading allows traders to borrow funds to increase their position size, which can boost profits—but also risks. Another popular type is Futures trading, where traders agree to buy or sell crypto at a fixed price in the future. This is often used for speculation or hedging.

Binance also supports P2P (peer-to-peer) trading, letting users directly trade crypto with others using local currencies and payment methods. For beginners, the Convert option offers a simple way to swap one coin for another instantly. More advanced users may try Options trading, which gives the right—but not the obligation—to buy or sell crypto at a specific price before a certain date. Each trading type has its own benefits and risks, so it’s important to choose wisely.