Spot trading is the buying and selling of cryptocurrencies at the current market price, with immediate settlement between buyers and sellers. In this type of trading, you actually buy and own the currency, allowing you to benefit from its price increase when sold later. Profit in spot trading comes from the difference between the buying price and the selling price. Successful trading requires monitoring market movements and analyzing charts to make informed decisions. Spot trading is suitable for investors who prefer long-term investments or day trading without the complications of leverage. You can use platforms like Binance to facilitate trading securely and quickly.

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