Spot and futures trading are two primary methods of trading cryptocurrencies , each with distinct characteristics: Spot Trading • Immediate Settlement : In spot trading, transactions are settled immediately. When you buy or sell a cryptocurrency , the ownership of the asset is transferred instantly at the current market price (the spot price). • Ownership : You directly own the cryptocurrency you purchase and can transfer, store, or use it as you wish. • No Expiry : There is no expiration date for holding the asset. You can hold it as long as you want. • No Leverage : Typically, spot trading does not involve leverage . You can only trade with the funds you have. Futures Trading • Contract-Based : Futures trading involves contracts that obligate the buyer to purchase (or the seller to sell) a specific amount of cryptocurrency at a predetermined price on a future date. • No Direct Ownership : You do not own the actual cryptocurrency but rather a contract that represents ...