Spot trading is one of the most popular ways of trading in the global financial market. A spot trade or transaction involves a trader buying or selling a particular financial instrument or asset on a specific date.
In the crypto market, spot trading requires the direct purchase or sale of crypto assets via centralized exchanges or decentralized exchanges (DEXs). In spot trading, traders have direct ownership of the asset they trade.
Spot trading is a simple way to invest in crypto assets or trade the market. However, to maximize the likelihood of profit from spot trading, beginner traders could study how the markets move and what could influence fluctuations in price for a particular asset.