#TradingTypes101
What advice do you give to 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 on "Task Center").
Understanding the different types of trading is the first step in building a well-thought-out strategy.
Both spot trading, margin trading, and futures contracts 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 types of trading? Which do you use more and why?
Note: Futures contracts are forbidden for us Muslims.
