What is Spot Trading? And why is it the best for beginners?
Spot Trading is the simplest type of trading in the crypto world. Simply put, you buy a cryptocurrency at its current price in the market and sell it later at a different price (higher or lower).
🔹 Simple example:
If you bought 10 USDT of XRP at a price of 3 dollars per coin, and the price rises to 3.5 dollars, you can sell and profit from the difference. However, if the price drops to 2.8 dollars, you can choose to wait until it returns or sell at a small loss.
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✅ Why is Spot Trading the best for beginners?
1. Easy and uncomplicated → There is no leverage or complex calculations.
2. Limited risk → The maximum loss is just your capital.
3. Flexibility → You can sell or hold the currency whenever you want.
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🔑 Summary:
If you are a beginner in crypto, Spot Trading is the best starting point. Learn with it, try it, and keep your goals small and simple.
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