How Does Spot Trading In Cryptocurrency Work?

Crypto spot trading involves buying and selling cryptocurrencies on an exchange. It is a method traders can use to gain profits by taking advantage of price fluctuations between different cryptocurrencies or between cryptocurrency and fiat currency.

This is similar to stock trading where investors buy and sell stocks on the stock exchange to take advantage of price fluctuations in the market. Both methods require the investor to know the market to make profitable trades.

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