What are the different products on Binance used for?
Spot trading means directly exchanging one asset for another. After a trade is completed, the coins go into your account, with no leverage or forced liquidation involved.
Using BNB to pay trading fees on Binance can get you a certain fee discount. See the official fee schedule for the exact discount.
When managing positions, the most important thing to keep in mind is this: beginners can start with spot trading and small amounts, then consider higher-risk products such as futures once they understand the rules.
$BNB 696.71(-2.43%)
Spot trading means directly exchanging one asset for another. After a trade is completed, the coins go into your account, with no leverage or forced liquidation involved.
Using BNB to pay trading fees on Binance can get you a certain fee discount. See the official fee schedule for the exact discount.
When managing positions, the most important thing to keep in mind is this: beginners can start with spot trading and small amounts, then consider higher-risk products such as futures once they understand the rules.
$BNB 696.71(-2.43%)