#TradingTypes101 refers to a basic introduction to the different types of trading you can perform on platforms like Binance. Here I present a clear and simple guide to understand the most common trading styles and types you can find on Binance:
1. Spot Trading
📍 What it is: Direct buying and selling of cryptocurrencies at market price.
🟢 Ideal for: Beginners.
🔑 Example: You buy 1 BTC at $68,000 and hold it in your account.
📲 Where: Binance Spot
2. Margin Trading
📍 What it is: Allows you to trade with borrowed money (leverage).