If you are new to the crypto world, regular trading (Spot Trading) is the first stop you must start from before thinking about futures or leverage.
Let's explain it simply!
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✅ First: What is Spot Trading?
It simply means:
Buying and selling cryptocurrencies at the current market price.
You buy a currency like BTC or ETH and wait for its price to rise, and when it rises, you sell and make a profit.
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🧭 Steps to open a trading deal on Binance (Spot):
1. Open the Binance app
2. Press “Trade” from the bottom bar
3. Choose “Spot”
4. From the search bar, search for the currency you want to buy (for example: BTC/USDT)
5. Press “Buy”
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📊 Types of orders:
🔹 Market Order = You buy immediately at the best available price
🔹 Limit Order = You set a specific price to buy or sell, and wait for the market to reach it
🔹 Stop-Limit = An automatic sell order if the price drops below a certain point (very important for protection against losses!)
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💡 Practical example:
• You have 100 USDT
• The current price of SOL is 10 dollars
• You bought 10 coins
• When its price rises to 12 dollars
• You sell and earn a profit of 20 dollars 💸
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⚠️ Golden tips:
1. Don't invest all your capital at once
2. Set a profit and loss target before you start
3. Watch the candles and indicators, and don't rush
4. If the market is against you, don’t be stubborn! Exit with the least loss
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🛡️ The difference between Spot and Futures:
Spot Futures
Risk Lower. Very high ⚠️
Leverage None Yes (1x – 125x)
Who is it suitable for? Beginners ✅ Professionals ⚔️