What is the difference between spot and contract?

The difference is mainly the difference in trading mechanism.

The so-called spot is to buy it and leave it there, and you can make a profit when it rises. If it falls, it means that the assets shrink.

How to buy spot?

First of all, you need to have your own budget. The key to spot is to buy on dips, and the more it falls, the more you buy, but you can't put all the funds in one basket.

Compared with spot, the most direct difference between contracts is that spot can only make profits by buying up,

Contracts can make profits by buying up and buying down, and at the same time, the leverage multiple can be adjusted to achieve a lot of money. Why do so many people like to play contracts now, but there are always fewer people who lose than those who make money

The biggest difference between contracts and spot is the difference in trading mechanism.

Compared with spot, the trading mechanism of contracts is the leverage margin two-way trading mechanism,

Leverage is to multiply your profits and losses, and margin is to use part of the funds in your account as collateral,

To trade an amount that you can't even trade yourself, and two-way trading is easier to understand, you can buy more when it rises, and you can also buy short when it falls.

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