📌 If you are new to Binance, these are the most important symbols and concepts you will see frequently within the platform:
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💱 Spot
Spot Market: Buy and sell cryptocurrencies directly.
📉 Margin
Margin trading: Borrowing funds to trade with leverage, higher risk.
📈 Futures
Futures: Trading based on future price predictions, with leverage.
🛒 Buy / Sell
Buy / Sell: Orders you use to open a trade.
🧾 Order Book
Order Book: Displays active buy and sell orders in the market.
🧮 Limit Order
Limit Order: You specify the price at which you want to buy/sell.
⚡ Market Order
Market Order: Executed immediately at the best available market price.
⏳ Stop-Limit / Stop-Market
Stop Loss Orders: Tools to stop the trade at a certain price to minimize losses.
🔒 Isolated / Cross Margin
Isolated: Margin is allocated only for a specific trade.
Cross: Margin is shared among all trades in the account.
💸 TP / SL
TP (Take Profit): Automatically take profit at a specified price.
SL (Stop Loss): Automatically stop loss at a specified price.
📊 P&L (Profit and Loss)
Profits and Losses: Shows the amount of profit or loss in the trade.
⚖️ Leverage (x5 / x10 / x20...)
Leverage: Multiplies your buying power, but also multiplies the risks!
🔐 Wallet Balance
Wallet Balance: The amount you have available for trading or withdrawal.
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📘 Tip: Do not start real trading before you fully understand these terms. Understanding = Protection for your capital. 💡