#BinanceSquare ๐ A crypto piece of information in a minute
Do you know the difference between Spot and Futures? ๐ค
๐ข Spot: You buy the coin for real, for example BTC, and you can hold it for a long time.
๐ด Futures: You trade based on price movement going up or down, and there may be leverage, so the risk is much higher.
โ ๏ธ Not every coin that goes up today will keep going up, and not every coin that goes down will come back up.
๐ก The golden rule: before you enter any project, understand what youโre buying and what its risks are.
What topic do you want us to explain in the next post? ๐
#BinanceSquare #Crypto #Bitcoin #Ethereum #web3ๅ ผ่
Do you know the difference between Spot and Futures? ๐ค
๐ข Spot: You buy the coin for real, for example BTC, and you can hold it for a long time.
๐ด Futures: You trade based on price movement going up or down, and there may be leverage, so the risk is much higher.
โ ๏ธ Not every coin that goes up today will keep going up, and not every coin that goes down will come back up.
๐ก The golden rule: before you enter any project, understand what youโre buying and what its risks are.
What topic do you want us to explain in the next post? ๐
#BinanceSquare #Crypto #Bitcoin #Ethereum #web3ๅ ผ่