As of June 4, 2025, based on current market trends and trading activity on Binance, here are some recommendations for coins to consider buying or avoiding in both the Spot and Futures markets:
๐ต Spot Market
โ Coins to Consider Buying:
1. Bitcoin (BTC): Currently trading at $105,206, Bitcoin remains a dominant force in the crypto market, often considered a safe haven during market volatility.
2. Ethereum (ETH): Priced at $2,629.95, Ethereum continues to benefit from its foundational role in DeFi and NFTs, making it a strong candidate for long-term holding.
3. BNB (BNB): At $669.37, Binance's native token offers utility within the Binance ecosystem, including trading fee discounts and participation in token sales.
โ Coins to Approach with Caution:
ACX, IDEX, ORCA, THETA, XAI: These tokens are set to have their FDUSD trading pairs delisted on Binance's spot market effective June 6, 2025, at 03:00 UTC. While the tokens themselves are not being removed from the platform, the delisting may impact their liquidity and trading volume.
๐ด Futures Market
โ Coins to Consider Trading:
1. Bitcoin (BTC): With up to 125x leverage available, BTC remains a popular choice for futures trading due to its high liquidity and market dominance.
2. Ethereum (ETH): Offering up to 100x leverage, ETH's ongoing developments and widespread use in smart contracts make it a strong contender in the futures market.
3. BNB (BNB): As Binance's native coin, BNB provides flexibility and high leverage options, making it attractive for futures traders.
โ Coins to Approach with Caution:
Low Liquidity Altcoins: Tokens with low trading volumes can lead to higher slippage and increased risk in the futures market. It's advisable to trade assets with substantial liquidity to ensure smoother execution and reduced volatility.
Note: Always conduct thorough research and consider your risk tolerance before engaging in trading activities.