Key Takeaways
Spot trading is the direct buying and selling of assets at the current market price. Binance Spot offers multiple order types, including market, limit, stop-limit, and One-Cancels-the-Other (OCO) orders.
Unlike futures or margin trading, spot trading does not involve borrowed funds or leverage, which generally makes it a lower-risk entry point for new traders.
To start trading, you’ll need to fund your Spot Wallet with the asset you want to use for your purchases, such as USDT.
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