"I Just Learned What Spot Trading Is!”
Hey friends!
It’s Day 5 of my crypto learning journey, and today I finally understood what Spot Trading means on Binance!
Here’s how I get it:
You buy a coin like $BTC or $ETH at the current market price.
If the price goes up, you earn. If it goes down, you lose.
It’s simple — no futures, no leverage, no loans. Just buy, hold, and sell.I haven’t placed a trade yet (still learning), but I feel more confident now after exploring the Spot tab and watching Binance Academy videos.
Next, I want to learn how to set a limit order in spot trading.
Are you more into spot or futures? Any tips for beginners like me?