#TekaTekiSilangKripto Day 4

Entering the fourth day I found 3 hidden words namely Futures, Spot, and Convert

FUTURES

In the context of crypto, "futures" are contracts that bind two parties to buy or sell a crypto asset at a specific price and date in the future. This contract allows traders to speculate on the price of a crypto asset without having to own the asset directly. Futures are derivative contracts that bind two parties, where one party agrees to buy a specific asset (in this case, a crypto asset) at a previously agreed price on a specified date in the future. Futures allow traders to speculate on the price movements of crypto assets (for example, Bitcoin) without actually having to buy or sell the asset.

SPOT

Spot in the context of crypto refers to trading digital assets at the current market price, which is settled instantly. This is the most common and straightforward way to buy or sell crypto assets, where transactions are made with one's own funds without loans or margin. The market price applicable to a crypto asset at a specific time. This is the price paid by the buyer or received by the seller when conducting a direct transaction. In spot trading, you only use your own capital to buy or sell crypto assets, with no loans or leverage involved.

CONVERT

In the context of crypto trading, "convert" means a direct exchange between one cryptocurrency and another cryptocurrency, or with fiat currency (such as USD or IDR). This is a simple process for exchanging one digital asset for another digital asset, without the need for intermediary fiat money.

Come join the event #TekaTekiSilangKripto because there are many amazing things you can get and don't forget there are prizes too, come on guys lfg