#TradingTypes101 $BTC
Here's a concise 102-word overview of Binance trading types:
**Binance Trading Types 101:**
1. **Spot Trading:** Buy and sell cryptocurrencies immediately at the current market price. You directly own the assets in your wallet. Simple and fundamental.
2. **Futures Trading:** Trade contracts agreeing to buy/sell an asset at a predetermined future price and date. Allows leverage (amplifying gains/losses) and speculation on price direction without owning the asset.
3. **Margin Trading:** Borrow funds (from Binance or others) to trade larger positions than your account balance allows, using existing crypto as collateral. Involves leverage and interest.
4. **Copy Trading:** Automatically replicate the trades of experienced, successful traders on the platform.
**Key:** Spot is direct ownership. Futures/Margin involve leverage and higher risk. Copy trading leverages others' expertise. Always understand risks!