#SpotVSFuturesStrategy
In the world of crypto, you have two popular ways to trade
✅ **Spot Trading**:
You buy the currency and actually own it. If the price increases, you sell and profit.
⛪ *From a legal perspective?* Permissible as long as the transaction is immediate (real possession) and there's no usury.
⚠️ **Futures Contracts**:
Here you do not own the currency; you are betting on price movement, and you can also use leverage (which means borrowing to multiply the trade).
🛑 *From a legal perspective?* Most scholars say it is prohibited, as it involves uncertainty, gambling, and usury (especially due to borrowing and fees).
📌 **Advice if you're interested in what is permissible**:
Choose spot trading, and keep your trades free of interest and leverage.
💡 Understand the market well, and invest with your mind before your money… and your religion before everything else$XRP