๐ #SpotVSFuturesStrategy | The Difference Between Spot Trading and Futures
In the world of crypto, knowing the difference between Spot trading and Futures is a fundamental step for every smart trader! ๐
๐น Spot Trading:
โ You buy and sell cryptocurrencies at the current price
โ You actually own the assets in your wallet
โ Suitable for long-term investors
๐ธ Futures:
๐ฅ You can open buy or sell positions without owning the asset
๐ฐ You use leverage to increase profits (or losses!)
โ ๏ธ Requires high risk management and good market knowledge
๐ Question of the Day:
Are you part of the conservative Spot team?
Or part of the adventurous Futures team? ๐
Share your opinion with us! ๐ฌ
#Binance #CryptoTrading #BTC #ETH #Smart_Trading
