#TradingTypes101 #TradingTypes101: Types of Trading on Binance That Everyone Should Know
If you are just starting your journey in crypto trading or want to systematize your knowledge — this post is for you! Different types of trading are available on Binance, and it is important to understand which one suits you best.
1. Spot Trading
The simplest and most popular method — you buy cryptocurrency at the current price and hold it, or sell it to lock in profits. Suitable for beginners and long-term investors.
2. Margin Trading
Trading with leverage — you borrow funds to increase the size of the trade. You can increase profits, but the risk of losses also rises. Requires a good understanding of the market and risk management.
3. Futures Trading
Contracts to buy or sell cryptocurrency in the future at a fixed price. Allows you to play both on the rise and on the fall of the price (long and short). Very popular among experienced traders.
4. P2P Trading
Direct exchange of cryptocurrency with other users through the Binance platform. Convenient for buying or selling without intermediaries.