$USDC Explanation of the Assets or Wallets Section in the Binance App 🪙🪙🛠️☺️

1. Overview:

In this section, you will be able to see a summary of all the assets you own in your account.

This section displays all the balance you have, whether in the spot wallet, the funding wallet, or any other wallet on the Binance platform.

2. Spot:

This is the section that contains your spot wallet, where the balances you can trade instantly are stored. In this wallet, you can buy and sell cryptocurrencies using spot trading.

Under the "Spot" section, there are the following options:

- Spot Trading:

This is the primary trading option where you can buy or sell cryptocurrencies using your available funds in the spot wallet. Here, spot transactions are made based on the current market.

- Cross Margin Trading:

This option allows you to borrow from Binance to increase the size of your trades, using your entire balance as collateral.

This means that if you are trading using this type of borrowing, the risk is higher, as your losses can affect your entire balance.

- Isolated Margin Trading:

In this type of trading, you can use a specific balance from your wallet as collateral for the trade. Therefore, if you lose the trade, it will not affect your remaining balance.