🎯 Series: "Demystifying the Crypto World"
From Spot to Swap — How to transfer, swap, and buy tokens in Web3
---
📍 Part 1 — Understanding the Differences: Spot, Wallet, and Web3
> 🔑 Do you know the difference between your Spot wallet on the exchange and your Web3 wallet?
🚫 Spot = Your balance is within the exchange (Binance, OKX, etc.). It does not work for decentralized swaps.
✅ Wallet Web3 = Your personal wallet (Trust Wallet, Metamask, Rabby, Phantom), where you control the keys and can interact with DEX, NFTs, and DeFi.
👉 If you want to use swaps, bridges, or DeFi, the balance needs to be in your Wallet Web3, not in Spot.
Follow the next post for the continuation of the explanation
