#TradingTypes101
TradingTypes101: Types of Trading on Binance
1. Spot Trading:
Buy and sell cryptocurrencies instantly at the current market price.
2. Futures Trading:
Trade based on market predictions with the option to use leverage. Higher risk, higher reward.
3. Margin Trading:
Trade with borrowed funds to increase your position size. Requires careful risk management.
4. Automated Trading (Bots):
Use tools that execute trades automatically based on preset strategies.
5. P2P Trading:
Buy and sell crypto directly with other users using local payment methods.