day2learning

Learner Post – Binance (Post 2)

Today’s Learning: What is Spot Trading?

Today I learned about Spot Trading on Binance — the safest and simplest way to trade for beginners.

Here’s what I understood:

🔹 Spot trading means buying and selling crypto at the current market price.
🔹 When you buy a coin in Spot, it becomes your asset — you own it 100%.
🔹 There is no leverage, no borrowing, no extra risk, which is why beginners should start here.
🔹 Spot has two main order types:
• Market Order – Buy/sell instantly at current price.
• Limit Order – Set your own price and wait for the market to reach it.
🔹 You can trade pairs like BTC/USDT, ETH/USDT, etc.

I’m slowly getting more comfortable with the Binance interface.
Every day is a new step! 😊

#BinanceLearner #CryptoBeginner #Day2Learning