Viewing 1 post (of 1 total)
  • Author
    Posts
  • #152
    askscn
    Keymaster

    Exchanges can be generally categorized into 2 types.

    1. Spot Exchange
    The spot exchange is where users can trade cryptocurrency or other assets for the current prices. This is pretty straightforward and traders can only place buy and sell orders.

    2. Derivatives Exchange
    Derivatives exchange allows futures trading, where traders can utilize other trading tools such as futures, options, and leveraged tradings.

    However, we do not recommend inexperience trader to jump straight in this kind of exchange,
    since they are quite more complex and pose higher risks than the Spot Exchange.

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.