Post
Topic
Board Trading Discussion
Re: few questions about trading
by
Luqman
on 03/03/2022, 23:40:24 UTC
1: what is the different between spot trading and futures trading.
Basically, there are some differences.
- Spot trading is where you can hold your coins in your wallet even the price is going up and own, so it will depend on you to buy and sell the coins.
- Future trading is higehr than spot trading.
- Future trading, if you are a beginner and you don't about it yet, better to stay away, or it will turn into gambling only.
Read this:
https://www.binance.com/en/support/faq/360033162052

2:  between Stop Limit or Stop Loss and
 OCO or order cancel order which is the safest for trading.
It will be a long answer. But actually, you can find the answer in more detail and specific here:
https://academy.binance.com/en/articles/what-is-an-oco-order
And you can dig deeper in the site about these several types of trading orders.