What's the difference between Spot and Futures in trading?
Spot Trading:
Means you buy the currency and actually own it.
You can withdraw it to your wallet, hold it, or sell it at any time.
Example:
You bought 1 BNB for $300 → You actually have BNB in your wallet.
Futures Trading:
You don’t buy the actual currency but open a position on its price (you predict it will go up or down).
You can profit from rising or falling, but there is greater risk.
It often uses leverage,
which means you could multiply your profits… or your losses!
Start with Spot only!
Futures require experience and strong risk management