Spot Trading

The Binance platform offers two options for spot trading suitable for beginners. The first is the Instant Buys tool, which features a simple user interface that allows for quick purchases, sales, and exchanges of cryptocurrencies with just a few clicks. While other platforms offer a similar option, Binance stands out with its low fees and smaller spreads compared to its competitors.

Additionally, you can utilize the advanced trading feature on Binance, which provides low trading fees compared to any other platform, allowing you to set automatic stop-loss orders or take-profit orders, as well as instant execution of market orders.

The advanced trading fee on Binance is 0.1% for both maker orders (limit) and taker orders (market), and the platform also offers an additional discount for USDC currency pairs and fees paid using its native Binance Coin (BNB).