#TradingTypes101 #TradingTypes101

What tips do you have for beginners?

👉 Create a post using #Types_of_trading and share your ideas to earn Binance points! (Click the "+" sign on the home page of the app and tap on "Task Center").

Understanding the different types of trading is the first step to building a well-thought-out strategy.

Both spot trading, margin trading, and futures contracts offer unique advantages and risks.

The choice of the right type depends on your goals, experience, and how much risk you're willing to take.

You can include the following in your post:

· What are the main differences between spot trading and margin trading?

· When do you use different types of trading? Which do you use more and why?

Note: Futures contracts are forbidden for us Muslims.