#SpotVSFuturesStrategy
📈 What is the difference between the spot market and futures contracts?
If you are a beginner in the trading world, you have surely heard about the "spot market" and "futures contracts". Let me simplify it for you 👇
🔹 Spot Market:
It means you buy or sell the asset now at the current price. Like when you buy Bitcoin and transfer it to your wallet directly.
🔸 Futures Contracts:
It means you agree to buy or sell the asset at a later time at a price agreed upon from now. And you don’t actually need to own the asset!
