If you're starting out in the crypto world, Spot is one of the simplest ways to learn how to buy and sell cryptocurrencies.
🟢 1. Go to Spot
On Binance, go to Trade → Spot and select the pair you want to trade.
Example: BTC/USDT.
💰 2. Buy
When Buying, you can choose:
🔹 Market: you buy immediately at the best available price.
🔹 Limit: you choose the price at which you want to buy, and the order waits until the market reaches that price.
Example: you have 50 USDT and want to buy BTC. You select BTC/USDT, enter the amount, and confirm the purchase.
🔴 3. Sell
Once you already have BTC, you can go to Sell and choose how much you want to sell.
You can sell at the market price or place a limit order with the price you want.
📈 4. Where is the profit?
A simple example:
You buy BTC when it’s at 100,000 USDT.
If it later rises to 105,000 USDT and you sell, you get a positive difference, after deducting commissions.
⚠️ If the price goes down, you can also incur losses. Spot does not mean there is no risk.
🛡️ Tip to get started
Start with a small amount, learn to use the orders, and never invest money you can’t afford to lose.
👉 Spot = Buy → Wait → Sell
📚 Learn first, then trade.
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