Funds:
Description: The "Funds" in Binance represent the total balance you have in your account, including all cryptocurrencies and fiat currencies.
Advantages:
Easy access to an overview of your assets.
Allows managing deposits, withdrawals, and internal transfers.
Disadvantages:
It is not a trading section; you need to transfer funds to the spot account or other specific accounts to trade.
Spot Account:
Description: The spot account is where you can buy, sell, and exchange cryptocurrencies in the spot market.
Advantages:
Direct access to the market for instant trading.
Advanced tools such as charts, order books, and transaction history.
Disadvantages:
You need to transfer funds from the "Funds" section to the spot account to trade.
@OrangelGilCrypto