#TradingTypes101 : A Quick Guide for Binance Users

Binance offers diverse trading options to suit various strategies and risk appetites:

Spot Trading: Buy or sell crypto at current market prices. Settlement is immediate, making it ideal for long-term holders.

Margin Trading: Borrow funds to amplify positions, with leverage up to 5x. This increases both potential profits and risks.

Futures Trading: Enter contracts to buy/sell crypto at predetermined future prices. Binance offers both USDⓈ-margined (e.g., USDT) and COIN-margined (e.g., BTC) futures.

Options Trading: Buy/sell contracts granting rights to trade crypto at specific prices before expiration. Useful for hedging but requires a deeper understanding.

Copy Trading: Mirror experienced traders' strategies in real-time, suitable for beginners seeking passive involvement.

Each trading type caters to different objectives—be it quick profits, long-term investment, or risk management. Understanding these can help you navigate the crypto market effectively.