Aka-GhostKiller
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#TradingTypes101 There are several types of trading you can engage in, depending on your experience, objectives, and risk tolerance. Here is a summary of the main types of trading available, which we could call #trading Types101 on Binance:
1. Spot Trading
What it is: Direct buying or selling of cryptocurrencies. You are the actual owner of the asset.
Example: You buy 1 $BTC BTC at $30,000 and keep it in your wallet.
Ideal for: Beginners and holders.
2. Margin Trading
What it is: You operate with borrowed funds (leverage).
Example: You use 5x leverage to increase your profits (or losses).
Risk: High, there may be liquidations.
$BNB
$SOL
1. Spot Trading
What it is: Direct buying or selling of cryptocurrencies. You are the actual owner of the asset.
Example: You buy 1 $BTC BTC at $30,000 and keep it in your wallet.
Ideal for: Beginners and holders.
2. Margin Trading
What it is: You operate with borrowed funds (leverage).
Example: You use 5x leverage to increase your profits (or losses).
Risk: High, there may be liquidations.
$BNB
$SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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