#TradingTypes101 Great! Let’s break down #TradingTypes101 — a beginner-friendly guide to the main types of trading you can do on platforms like Binance and in general crypto markets.
📘 #TradingTypes101 – Explained Simply
Here are the main types of trading you should know:
1. 🟢 Spot Trading – "Buy now, own now"
Definition:
You buy/sell crypto at the current market price, and you own it instantly.
Example:
Buy 0.01 BTC at $67,000. Now you hold 0.01 BTC in your wallet.
✅ Best for beginners
✅ No borrowing or leverage
❌ No big profits unless price moves a lot
🔸On Binance: Go to Trade > Spot
2. 🟡 Margin Trading – "Trade with borrowed money"
Definition:
You borrow funds to increase your trade size. This increases potential profits and risk.
Example:
With $100, you trade $300 (3x leverage). If BTC goes up 10%, you profit more. If it goes down 10%, you lose more.
✅ Higher potential gains
❌ High risk — can lose all
⚠️ Not for beginners
3. 🔴 Futures Trading – "Speculate on price (without owning)"
Definition:
You predict whether the price will go up (Long) or down (Short). You don't own the asset — just trade the price direction.
Example:
You "go Long" on BTC at $67,000 with 10x leverage. BTC goes to $68,000 → You make profit.
If it drops → You can get liquidated (lose it all).
✅ Profit in both rising or falling markets
❌ Very high risk
⚠️ Only if you understand liquidation, leverage, funding rates
4. 🔵 P2P Trading (Peer-to-Peer) – "Buy/Sell using local currency"
Definition:
You trade directly with other people, often using your bank account or mobile money (like in Sri Lanka, via bank transfer).
Example:
You buy 100 USDT from a seller, pay them LKR to their bank, and get crypto in return.
✅ Great for locals (e.g., LKR to USDT)
✅ No trading fees
❌ Must beware of scams (only use Binance escrow)
5. 🟠 Copy Trading / Grid Bots – "Automated trading"
Definition:
Use bots or copy expert traders' strategies.
Copy Trading – Copy someone else’s trades
Grid Bots – Buy low, sell high