In the Spot, you buy the cryptocurrency directly and actually own it, and you can hold it or sell it whenever you want. The price reflects the true market value. This type is suitable for long-term investors or traders who prefer simplicity.
In the Futures, you do not own the asset, but you trade contracts based on predicting the price going up or down, and you can make profits whether in a bull or bear market. However, it carries higher risks due to leverage.
In short: Spot for buying and holding, Futures for speculation and making quick profits but with greater risk.