If you are new to the Binance app, the Spot Market is the best starting point to enter the world of cryptocurrencies with more clarity and security.
In the Spot market, the logic is simple: you buy an asset (like Bitcoin, Ethereum, or other cryptocurrencies) and it truly becomes yours. No complex contracts or leverage — here trading happens at the current market price or through orders that you set yourself.
Within the Binance app, you can access the Spot through the 'Trade' menu and choose pairs like BTC/USDT or ETH/USDT, which are widely used by beginners. USDT acts as a 'bridge', facilitating entry into the market without constantly dealing directly with fiat currency.
Another important point is to understand the two basic types of orders:
- Market Order: buy or sell immediately at the current price.
- Limit Order: you set the price you want to pay or receive and wait for the market to reach that value.
For those who are just starting, Spot helps learn how the market moves, how prices, charts, and liquidity work — all of this with much more control over risk.
Practical tip: start with small amounts, explore the app calmly, and focus on learning before seeking quick gains. Education is the most valuable asset at the beginning of the crypto journey.
$BNB $BTC $XRP #BinanceAcademy #BinanceSquareTalks
