Basic knowledge for beginners of spot trading (I)
In the cryptocurrency world, spot trading is an important concept. Spot trading, in simple terms, refers to something that actually exists in the commodity society, which is a valuable subject that can be used for buying and selling, such as spot commodities, bulk commodities, spot warehouse receipts, etc. In a narrow sense, spot trading is relative to futures trading. Compared with futures trading, spot trading is the highest form of trade, while futures trading is the highest form of finance. You should know that spot trading is the foundation of futures trading. Without spot trading as a foundation, it is impossible for futures trading to proceed smoothly.
For beginners, understanding spot trading is an important step in entering the cryptocurrency world. In this cryptocurrency world full of opportunities and risks, whether it is contract trading or other operations, understanding the nature and characteristics of spot trading will help you better grasp the market dynamics. In this circle, every basic knowledge may affect your income, so don’t underestimate the introductory knowledge of spot trading, it may be the beginning of your profit in the cryptocurrency world.