#TradingTypes101 Spot trading involves buying and selling assets like cryptocurrencies at their current market price (“on the spot”). Unlike futures trading, there’s no leverage, so your risk is lower, making it a safer option for beginners. The goal of spot trading is to buy low and sell high, earning profits from the price difference. Binance, one of the largest crypto exchanges, offers a wide range of cryptocurrencies for spot trading, making it an ideal platform for beginners. The first step is to create a clear plan. If you want to make $100 a day, understand that it won’t happen overnight. With spot trading, consistency is key. Start by calculating how much capital you need and what percentage return you need to reach $100 in profits.