Spot Trading for Cryptocurrencies:

It is the buying and selling of cryptocurrencies directly (like buying Bitcoin with US dollars). The asset (the cryptocurrency) is delivered immediately upon the completion of the transaction.

Cryptocurrencies are available for immediate purchase (like buying Bitcoin with US dollars). The process is very simple: the asset is delivered immediately upon purchase. Immediate ownership: when you buy the currency, you own the actual new contracts. It is the simplest and most common trading process for beginners. They trade at the current market prices immediately. No leverage: without borrowing money to trade, beginner traders can reduce their risks compared to any other type such as margin trading. The market relies on liquidity: it depends on the abundance of buyers and sellers in the market. Platforms include centralized exchanges like Binance* and Coinbase*, cryptocurrency gateways* Binance* and Coinbase, and decentralized.

Goals: Traders aim either to profit from short-term price fluctuations or to hold assets for the long term (investment).

Simply put, it is like buying any other commodity; you pay for it and receive it immediately.