Spot trading and futures contracts on Binance?
What is the difference between "Spot" and "Futures" on the Binance platform?
This is a very common question among beginners.
🔸 Spot:
You buy the currency and actually own it.
Example: You bought $50 worth of Ethereum, you actually have real Ethereum.
🔸 Futures:
You trade based on whether the price goes up or down without owning the currency.
You can use leverage (10x for example) but the risk is higher.
📌 Tip: If you are a beginner, start with Spot until you understand the market.
Good luck to everyone
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