#TradingTypes101 Spot, Margin, and Futures trading on platforms like Binance represent distinct approaches to financial markets: Spot trading involves the immediate purchase and sale of assets at their current price, granting direct ownership with no leverage, making it the simplest and least risky option. Margin trading allows users to borrow funds to amplify their trading positions, offering leverage for potentially higher gains but also significantly increased risk due to amplified losses and the possibility of margin calls and liquidation. Futures trading involves contracts to buy or sell an asset at a predetermined price on a future date, utilizing high leverage to speculate on price movements (both up and down) without actual asset ownership, and while offering advanced strategies like hedging, it carries the highest risk due to its complex nature, leverage, and unique features like funding rates and expiration dates (for non-perpetual contracts).