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#edication

edication

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Spot Trading Binance You have 100 USDT and you want to buy $BTC 1️⃣ You open BTC/USDT Spot Market 2️⃣ Current BTC price = 50,000 USDT 3️⃣ You buy 100 USDT worth of BTC → You receive 0.002 BTC (because 100 ÷ 50,000 = 0.002) Now you own 0.002 BTC in your Spot Wallet. 📈 If BTC price increases to 60,000 USDT: Your 0.002 BTC value = 120 USDT Profit = 20 USDT 📉 If BTC price falls to 45,000 USDT: Your 0.002 BTC value = 90 USDT Loss = 10 USDT Simple idea: Buy crypto → own it → price changes → sell when you choose. #Spot #SpotTrading. #BTC #Edication #binancespotTrading
Spot Trading Binance
You have 100 USDT and you want to buy $BTC
1️⃣ You open BTC/USDT Spot Market
2️⃣ Current BTC price = 50,000 USDT
3️⃣ You buy 100 USDT worth of BTC
→ You receive 0.002 BTC (because 100 ÷ 50,000 = 0.002)
Now you own 0.002 BTC in your Spot Wallet.
📈 If BTC price increases to 60,000 USDT:
Your 0.002 BTC value = 120 USDT
Profit = 20 USDT
📉 If BTC price falls to 45,000 USDT:
Your 0.002 BTC value = 90 USDT
Loss = 10 USDT
Simple idea: Buy crypto → own it → price changes → sell when you choose.
#Spot #SpotTrading. #BTC #Edication #binancespotTrading
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