Spot trading lets you buy and own crypto instantly at the current market price. It is simple, low risk, and great for beginners or long-term investors. You only lose what you invest and there is no leverage involved.
Margin trading allows you to borrow funds to increase your position size. Binance offers isolated and cross margin with up to 10x or 20x leverage. It can boost profits but also increases losses. You pay interest on borrowed funds and risk liquidation if prices move against you.
Futures trading involves contracts that bet on price movements. You can go long or short with leverage up to 125x. No interest is paid, but funding fees apply. This method carries high risk and needs strict risk management.