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Q: What is the main difference between spot trading and futures trading?

The main difference lies in settlement and ownership. Spot trading involves immediate settlement and direct ownership of the asset, while futures trading involves contracts for future delivery and often uses leverage.

Q: Is Bitcoin spot trading suitable for beginners?

Yes, Bitcoin spot trading is generally considered suitable for beginners due to its simplicity and direct ownership model, which carries lower risk compared to leveraged trading.

Q: How much capital do I need to start Bitcoin spot trading?

You can start Bitcoin spot trading with a small amount of capital, even as little as $10 or $20, depending on the minimum trade requirements of the exchange you use.

Q: What are the biggest risks in Bitcoin spot trading?

The biggest risks include market volatility, which can lead to rapid price drops, and security risks associated with storing your Bitcoin on exchanges.

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