📎 Blockchain Industry | Binance Products
· Definition: Spot trading means directly exchanging one asset for another. After the trade, the coins go into your own account. It does not involve leverage or liquidation.
· Why: These product types carry very different levels of risk: with spot trading, you can lose at most the principal you invested; leveraged contracts can be liquidated quickly; and early-stage tokens can experience dramatic price swings.
· Note: Use only official Binance channels for all activities. Don’t click “exclusive spots” or “private events” on unfamiliar websites.
$BNB 745.37(+0.071%)
· Definition: Spot trading means directly exchanging one asset for another. After the trade, the coins go into your own account. It does not involve leverage or liquidation.
· Why: These product types carry very different levels of risk: with spot trading, you can lose at most the principal you invested; leveraged contracts can be liquidated quickly; and early-stage tokens can experience dramatic price swings.
· Note: Use only official Binance channels for all activities. Don’t click “exclusive spots” or “private events” on unfamiliar websites.
$BNB 745.37(+0.071%)