Types of trading on the Binance platform include spot trading, margin trading, futures trading, options trading, and cash flow trading. Spot trading is the process of buying and selling digital assets at the same time. Margin trading allows users to trade with assets larger than their actual balance. Futures trading allows users to trade on futures contracts for digital assets. Traders must be aware of the risks, fees, and features of each type of trading to choose the type that suits them best on the Binance platform.