1️⃣ Spot Wallet
This is where you store crypto for spot trading.
You can buy, sell, and hold cryptocurrencies directly at the current market price.
It supports limit, market, and stop-limit orders for trading.
Example: If you buy BTC/USDT on Binance, the BTC goes into your Spot Wallet.
2️⃣ Funding Wallet
This wallet is used for non-trading purposes like P2P transactions, Binance Pay, Card deposits, and withdrawals.
It acts as a separate account to keep funds safe when dealing with external transfers or peer-to-peer trades.
Example: If you buy USDT through P2P trading, it is first credited to your Funding Wallet.
3️⃣ Main Difference
Spot Wallet = For trading crypto on Binance exchange.
Funding Wallet = For P2P, Pay, Card, and external transactions.
4️⃣ Easy Transfer
You can quickly move funds between Spot Wallet and Funding Wallet without fees to use them where needed.
👉 Pro Tip: Keep only the crypto you trade in the Spot Wallet and use Funding Wallet for P2P or payments to stay organized.
#Binance #SpotWallet #FundingWallet #CryptoTrading #P2PTrading #BinanceTips #CryptoGuide #Blockchain #BinanceGuide #BinanceSquare #CryptoForBeginners #WriteToEarn
#Write2Earn viewers like,share,repost and follow me thank u so much 💕💕💕💕.