#BinanceTurns8 Trading involves exchanging goods or services between parties. It facilitates economic activity, promotes specialization, and increases efficiency. Trading can occur locally or globally, and its forms range from simple bartering to complex financial transactions. Effective trading requires understanding market dynamics, managing risks, and negotiating skills. It benefits both individuals and economies by providing access to goods and services not locally available, fostering competition, and encouraging innovation. Successful traders adapt to market changes and make informed decisions based on data and trends.