Types of Investment Wallets in Binance

Spot Wallet:

Used for trading cryptocurrencies directly.

You can buy, sell, and store currencies without a specific time limit.

Margin Wallet:

Allows the user to trade using borrowed funds (leverage).

Risky but offers greater profit opportunities.

Futures Wallet:

For trading cryptocurrency contracts with predictions of price increases or decreases.

Uses leverage and can be high risk.

Earn Wallet:

Allows the user to earn returns on held currencies, such as lending them or placing them in Staking services.

DeFi Wallet:

Allows the user to interact with decentralized finance protocols directly through Binance.