#TradingTypes101

What advice do you have for beginners?

👉 Create a post using #Types_of_Trading and share your ideas to earn Binance points! (Click the "+" icon on the app's homepage and tap "Task Center").

Understanding the different types of trading is the first step to building a well-thought-out strategy.

Both spot trading, margin trading, and futures trading offer unique advantages and risks.

The choice of the right type depends on your goals, experience, and how much risk you are willing to take.

You can include the following in your post:

· What are the main differences between spot trading and margin trading?

· When do you use different trading types? Which one do you use more and why?

Note: Futures contracts are considered haram for us Muslims.