When I started getting into crypto, one of the first words I saw everywhere was Spot. At first, I didn’t really understand what it was, but after researching and using it a bit, it became clear to me that Spot is the starting point for most.
🔍 What is the Spot market?
It is the place where you buy and sell cryptocurrencies at the current market price.
When you make a purchase in Spot, the crypto becomes yours. You can keep it, sell it later, or transfer it to an external wallet.
👉 Quick example:
You buy $ETH in the Spot market-
That $ETH stays in your Binance account.
You can keep, sell, or move it whenever you want. There’s no expiration date or interest to pay.
🎯 Why is it important to start with Spot?
It is the simplest and safest place for beginners.
There is no leverage (which multiplies the risk).
It allows you to understand the real price movements of the market.
🛑 What mistake did I make at the beginning?
I thought you had to trade all the time. But in Spot, many times the best thing is to buy and hold until you feel it’s time to act.
It’s not about buying and selling every five minutes, but about learning to be patient and understanding the market.
#AprendiendoJuntos #SpotTrading #CriptoPrincipiante #BinanceSpot