🔄 Spot Trading (Buy Low, Sell High) – The Most Common Trading Operation

What is it?

Spot trading is the direct buying or selling of cryptocurrencies at current market prices.

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🛠️ How It Works:

1. Choose a Trading Pair

Example: BTC/USDT

This means you’re trading Bitcoin (BTC) against Tether (USDT, a stablecoin).

2. Place a Buy Order

• Market Order: Buy instantly at the best available price.

• Limit Order: Set your preferred price and wait for the market to reach it.

3. Hold or Set a Sell Target

• Once the price increases, you can sell your BTC for USDT again—making a profit.

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📈 Example:

• Buy 1 BTC at $60,000

• Sell 1 BTC at $63,000

#TrumpVsMusk #MarketPullback $WCT

• Profit = $3,000 (minus fees)