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🔰 SPOT (Spot Market) 🔰 – Direct purchase and sale of cryptocurrencies

🔹 What is the Spot market?

The Spot market on Binance is where you buy and sell cryptocurrencies immediately at the current market price. It is the simplest and safest method of trading, without using leverage or contracts.

🔹 Key features of Spot:

➡️ Real buying and selling: You acquire cryptocurrencies that you can withdraw to your wallet or use in other Binance functions.

➡️ No leverage: You only operate with the balance you have available, without going into debt.

➡️ No liquidations: Unlike Futures, there is no risk of your position being automatically closed.

➡️ Lower risk: Although the market is volatile, losses are limited to the invested capital.

➡️ Low Fees: Binance charges a small fee for each transaction.

🔹 Spot Trading Example:

1️⃣ You buy 1 BNB when the price is at $300 USD.

2️⃣ The price goes up to $350 USD, you decide to sell.

3️⃣ You make a profit of $50 USD (less fees).

🔹 Available Spot Orders:

✅ Market Order: Buy or sell at the current price.

✅ Limit Order: You specify a price at which you want to buy or sell.

✅ Stop-Limit Order: Executed when the price reaches a certain level.

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