#MyTradingStyle On Binance, traders can choose from several trading styles, depending on their goals, risk tolerance, and time commitment. Here’s a breakdown of the most common trading styles you can use on Binance:
🔹 1. Spot Trading
Buy and sell actual cryptocurrencies.
No leverage.
Good for beginners.
Example: Buy BTC at $60,000 → Sell at $65,000 for profit.
📍 Binance Section: [Trade → Spot]
🔹 2. Margin Trading
Borrow funds to trade larger amounts (with leverage).
Can go long (buy) or short (sell).
Higher risk and reward.
Example: Use 5x leverage to trade with 5x your capital.
📍 Binance Section: [Trade → Margin]
🔹 3. Futures Trading
Trade contracts predicting future crypto prices.
High leverage (up to 125x on some pairs).
Supports both long and short positions.
Risk of liquidation.
📍 Binance Section: [Derivatives → USDⓈ-M or COIN-M Futures]