📌 What is Spot Trading?
Spot trading means you buy or sell a cryptocurrency directly against another currency (like USDT, BUSD, or BTC), and it executes immediately at the market price.
Simply means: Pay now → Own now.
🔹 Step 1: Enter the Spot Trading section
After logging into Binance, select from the menu: Trading → Spot.
📷 (Binance logo image to illustrate the step)
🔹 Step 2: Choose the trading pair
For example: If you have USDT and want to buy BNB, choose the BNB/USDT pair.
Pairs are always written: Base currency/Quote currency.
📷 (BNB currency symbol + USDT symbol)
🔹 Step 3: Read the trading interface
You will find:
Chart 📊 → Shows price movement.
Open orders 📑 → Displays buy and sell orders from other users.
Buy/Sell box ✅ → Place to execute the trade.
🔹 Step 4: Choose the order type
In Spot Trading, there are multiple order types:
Market Order (Market Price):
You buy or sell immediately at the current market price.
Fast and suitable for beginners.
Limit Order (Limit Order):
You set the price you want (lower than market when buying, higher when selling).
Execution only happens if the price reaches this level.
Stop-Limit / Stop-Market:
Protection orders, used to stop losses or take profits.
📷 (Iconic drawing illustrating Market vs Limit)
🔹 Step 5: Execute the trade
Enter the amount or quantity.
Click Buy if you want to buy, or Sell if you want to sell.
The order is executed immediately (in the case of Market) or waits until the price reaches (in the case of Limit).
📷 (Buy button in green, Sell button in red)
🔹 Summary
Spot Trading = Direct buying/selling of cryptocurrencies at the current price.
✅ Suitable for beginners because it is simple and fast.
⚠️ But be careful of market movements and use Stop-Limit orders to avoid large losses.
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