🚀 Lesson One: What Is Spot Trading, and How Do Platforms Work?
1. The basic idea (like a “traditional market”)
Spot trading is just like going to a gold or vegetable market:
You buy an item (for example, a cryptocurrency like Bitcoin) at a certain price.
You actually own it in your wallet.
You wait for its price to rise, then sell it for a profit.
The secret: In spot trading, you don’t borrow or enter into fictional trades. Whatever you buy becomes entirely yours, and you can sell it whenever you want or hold onto it forever.
1. The basic idea (like a “traditional market”)
Spot trading is just like going to a gold or vegetable market:
You buy an item (for example, a cryptocurrency like Bitcoin) at a certain price.
You actually own it in your wallet.
You wait for its price to rise, then sell it for a profit.
The secret: In spot trading, you don’t borrow or enter into fictional trades. Whatever you buy becomes entirely yours, and you can sell it whenever you want or hold onto it forever.