๐Ÿšจ Before you press Buy or Sellโ€ฆ you need to know the difference!

๐ŸŸก SPOT
You buy the coin and actually own it.
๐Ÿ“ˆ Profit comes from the price going up.

๐Ÿ”ด FUTURES
You trade based on price movement without owning the underlying asset.
๐Ÿ“ˆ Profit from going up or ๐Ÿ“‰ going down.
โš ๏ธ Leverage = bigger profits and losses + liquidation risk.

In simple terms:
SPOT = you own the asset ๐Ÿช™
FUTURES = you trade the price ๐Ÿ“Š

๐Ÿ’ก New to crypto? Understand the difference before risking your money.

Follow me for more Binance explanations in a simple way. ๐ŸŸก

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