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Spot Trading: Simplicity and Direct Ownership
The Spot strategy is the most direct way to buy and sell cryptocurrencies. When you trade in the Spot market, you are acquiring or selling the underlying asset (e.g., Bitcoin, Ethereum) immediately.
* Benefits:
* Simplicity: It is ideal for beginners, as it does not involve complex concepts like leverage.
* Direct Ownership: You are the actual owner of the cryptocurrency, allowing you to transfer it to an external wallet if you wish.