Learn Spot Trading on Binance Step by Step for Beginners

[00:02] Peace be upon you, guys, and I hope you're all doing well. We're continuing with our series explaining the Binance platform. continuing with our series explaining the Binance platform. Today, we'll learn the difference between futures contracts and spot Today, we'll learn the difference between futures contracts and spot trading in a very concise way. Today, I've created a

[00:14] trading in a very concise way. Today, I've created a course for you, and this course will give you the basics. course for you, and this course will give you the basics. First, how do you know whether to enter First, how do you know whether to enter futures contracts or spot contracts, and what's the

[00:26] futures contracts or spot contracts, and what's the fundamental difference between them? This course is comprehensive, and the best part is that I've explained it using the Binance platform and practical application. If you like this type of content, please upload this video and share it with your friends so

[00:43] everyone can benefit. First of all, my friends, this is not investment advice, nor is it an invitation to deposit. Do your own research before making any decisions, especially regarding trading. Trading is

[00:55] very risky; just as it has high potential for profit, it also has high risks. Therefore, you must learn and high risks. Therefore, you must learn and get the right information, and then start applying it.

[01:07] get the right information, and then start applying it. But initially, try to practice with a demo account. But initially, try to practice with a demo account. Most platforms provide you with a demo account. Try a strategy once, twice, or even three times. Here, you don't have to

[01:22] lose because the money isn't real. Try your strategies, practice, and then move on to practical application. May God grant us all success. I don't want to keep you long. As I

[01:35] mentioned, do your own research, and don't forget that trading is extremely risky. Just as it offers huge profits, it also carries the potential for devastating losses. Stay with me, guys. I don't

[01:49] want to keep you any longer, so let's get straight to the explanation. Today, we'll be discussing and practicing on the the explanation. Today, we'll be discussing and practicing on the Binance platform. For those who don't have a Binance account and want to create one, the link is in the description box or the first pinned comment. You can

[02:03] create an account using this link. By the way, Binance is now Binance is now available to Syrians. You can create an account and verify it with your Syrian ID or passport and work from within Syria, according to the statement

[02:18] released by Binance. Now, let's open the Binance platform. It opens like this. Today, as we mentioned, we'll learn about trading. You need to know that trading involves risks, just as it involves profit. It also involves losses. That's why trading is considered one of the most risky

[02:34] types of losses if you don't know how to trade. So you must learn before you start in the field of trading because it's extremely risky. There are two types of trading, guys:

[02:46] types of trading, guys: spot trading and futures trading. Before I start explaining, let me explain a little about spot trading and futures trading. If we go to the spot trading and futures trading. If we go to the markets and choose, for example, this

[03:01] currency, let's say, today on the today on the 2-hour timeframe, its price was 932.

[03:13] 2-hour timeframe, its price was 932. If I want to buy it through If I want to buy it through spot trading, I enter at this price. As you can see, it went up, then down, then up again, and

[03:32] now it's moving sideways. In spot trading, guys, I take the difference from here on and above. So, for example, if I buy one unit of this currency, its price is currently 932

[03:47] one unit of this currency, its price is currently 932 at the time of entry, and I sell it at the at the time of entry, and I sell it at the time of exit. From here at 1023, the difference is $90. If I bought one unit, I

[04:02] $90. If I bought one unit, I would get $90 from that one unit. Okay, would get $90 from that one unit. Okay, guys, I get $90 this way. The $90 I get is if guys, I get $90 this way. The $90 I get is if I enter from this

[04:16] I enter from this area and exit from this area. In other words, area and exit from this area. In other words, if I enter from here and the price goes up, and then I sell from here, how much of that amount do I get? Okay, and the selling is done in the same

[04:33] Okay, and the selling is done in the same way. I have this currency, okay, I way. I have this currency, okay, I buy it from here. Sorry, it's with me from here, and I sell it and then buy it back buy it from here. Sorry, it's with me from here, and I sell it and then buy it back from here. That's how spot

[04:45] trading works. In spot trading, you profit if you have liquidity. You profit in the rising market, but in the falling market, you don't profit unless you

[05:00] but in the falling market, you don't profit unless you have the currency and you want to sell it to have the currency and you want to sell it to preserve your capital. Let's understand something and summarize: in preserve your capital. Let's understand something and summarize: in

[05:15] spot contracts, in the spot market, you only profit if the market is rising, and only to secure your profit. the market is rising, and only to secure your profit. Your strategy requires you to sell to secure your profit. This applies to the Your strategy requires you to sell to secure your profit. This applies to the

[05:33] spot market. However, for futures contracts, the process is quite different. Let's look at the different. Let's look at the monthly timeframe to understand how we'll explain it better. monthly timeframe to understand how we'll explain it better. Notice this monthly timeframe;

[05:46] Notice this monthly timeframe; this example allows us to explain futures contracts. For instance, I enter at this point (this is just an example), and the

[06:00] at this point (this is just an example), and the price rises. I sell here. With price rises. I sell here. With futures contracts, I profit from both rising and falling

[06:21] specific strategy, I open a sell position. As you can see, there's something called a sell position. Once I open it and the

[06:35] sell position. Once I open it and the price rises, when I feel the price rises, when I feel the price is about to stabilize, I close the position price is about to stabilize, I close the position and take the money. However, I don't take it at the same

[06:49] price. For example, if the price was $5 and the market rose to $10, and I didn't... I'm not $5 and the market rose to $10, and I didn't... I'm not just taking five, no, I'm taking five and something

[07:02] extra, which is leverage. Leverage is a way of increasing the amount Leverage is a way of increasing the amount in case of profit and in case of loss.

[07:14] As you can see, you can use leverage; you can set it to x1, set it to x1, x10, or even x1000. In this x10, or even x1000. In this case, leverage magnifies the amount

[07:29] case, leverage magnifies the amount in case of profit and in case of in case of profit and in case of loss. This way, we know that loss. This way, we know that selling is done with leverage in

[07:41] selling is done with leverage in futures contracts, and so is buying and selling. When I see a currency from here, within a specific strategy, I know that the currency is about to specific strategy, I know that the currency is about to break out. In this way, I open a sell position.

[07:58] break out. In this way, I open a sell position. When I open a sell position in this way, I also When I open a sell position in this way, I also take it with leverage that I set. The platform gives me the freedom to set the leverage so that I can enter with either

[08:12] so that I can enter with either 1x, 5x, or 10x. That's the 1x, 5x, or 10x. That's the difference. In short, the difference between futures and spot contracts is difference. In short, the difference between futures and spot contracts is significant. With futures, I only open buy and sell orders, from the

[08:24] significant. With futures, I only open buy and sell orders, from the highest point I want to reach. But with futures, I open buy and

[08:37] But with futures, I open buy and sell orders simultaneously. This way, I profit from both buying and selling. Let's move on to another point. Regarding futures and spot contracts, everyone

[08:59] agrees that spot contracts are problem-free and, from a Sharia perspective, are fine, except for some currencies where there are some issues. However, with some issues. However, with futures contracts, there is a lot of controversy. Some consider them permissible, others

[09:14] futures contracts, there is a lot of controversy. Some consider them permissible, others forbidden, and there's a big difference of opinion because of leverage. When you forbidden, and there's a big difference of opinion because of leverage. When you high leverage, the platform is funding that leverage,

[09:29] platform is funding that leverage, but it's funding it with profits, not losses. You pay the losses out of your own pocket. That's why it's necessary I'm warning you,

[09:41] this kind of trading is extremely risky, guys. Let's move on now. Today, God willing, we'll explain instant trading. When we click on the word "instant trading," it opens like this. When we click on the word "instant trading," it opens like this. Make sure you've selected "

[09:57] instant" from here. Then let's go directly to this section. Here, we'll choose the currency pairs we want to trade. Right from the top, you write the

[10:10] currency you want to trade. Let's say, for example, Bitcoin (BTC). Here, say, for example, Bitcoin (BTC). Here,

[10:22] as you can see, we'll select Bitcoin on USDT. This way, we enter the instant trading section, but it must say "instant" next to it. See, guys? This is how you choose it.

[10:34] guys? This is how you choose it. We've directly selected Bitcoin, and we want to convert from USDT to Bitcoin, either by buying or selling. First, if we don't have Bitcoin but have USDT, we'll choose " buy." But if we have Bitcoin and want to sell

[10:51] USDT, we choose "sell." So, buying is buying Bitcoin, and buying is buying Bitcoin, and selling is selling Bitcoin. Bitcoin on selling is selling Bitcoin. Bitcoin on USDT. Okay, we'll choose to buy from here. If we

[11:06] click here on the market, we'll find several options, but to avoid confusing you, I'll explain them all briefly. First, there's something

[11:20] called the limit, but by default, you'll find it under the market. I'll explain what the market and the limit mean. The market. I'll explain what the market and the limit mean. The limit tells you to buy or limit tells you to buy or sell at a specific price, or better yet, it says, "Look,

[11:35] sell at a specific price, or better yet, it says, "Look, guys, if we choose the limit here, it shows me this: 'Currently, the price of Bitcoin is 11,300.' This is the price at the time of recording this video. Okay, guys, now I want to tell it... Look what I

[11:53] want to tell it... I want to tell it that if the price... I'll delete this number here. I want to tell it that right delete this number here. I want to tell it that right now, you see the price? This is the price, guys, the live price, the current price. I want to tell it that if

[12:07] live price, the current price. I want to tell it that if Bitcoin reaches 11,000, Bitcoin reaches 11,000, I'll write here 11,000. See? I'll write here 11,000. See? By 100... sorry, 112,000.

[12:20] By 100... sorry, 112,000. This is how I buy." Okay, so here it tells This is how I buy." Okay, so here it tells me how much I want to buy. I take the amount I me how much I want to buy. I take the amount I want to buy from here. Okay, guys, here I put the amount

[12:32] want to buy from here. Okay, guys, here I put the amount I want to buy, or I put it in I want to buy, or I put it in Bitcoin at the value of Bitcoin, or I put it in Bitcoin at the value of Bitcoin, or I put it in USDT, for example. As soon as the price reaches

[12:45] USDT, for example. As soon as the price reaches 112,000, buy me Bitcoin worth $10. We just write $10 here. See, $10. We just write $10 here. See, guys, this is very easy. I click

[13:00] guys, this is very easy. I click on the "buy" button here, and it goes directly to my account. The on the "buy" button here, and it goes directly to my account. The order goes here, but the order won't be order goes here, but the order won't be executed unless the price hits this number. Of course,

[13:13] this number is for example, and you can put whatever number you want. Do you understand, guys? In short, this is want. Do you understand, guys? In short, this is the meaning of the limit. So, how many orders can I place? I can the meaning of the limit. So, how many orders can I place? I can place an unlimited number of orders. Meaning, I want to

[13:27] place an unlimited number of orders. Meaning, I want to tell it, "If the price reaches tell it, "If the price reaches 112,000, buy me Bitcoin," and if the price goes further, I'll 112,000, buy me Bitcoin," and if the price goes further, I'll tell it again, and if it goes to 100,

[13:39] tell it again, and if it goes to 100, I'll place another one. 11,000, want here, and he'll buy it too. I can also tell him to buy more, and he'll place a buy order, and the order will be placed

[13:54] directly from here. From here, I can also tell him that if the price of Bitcoin reaches 100,000, then if the price of Bitcoin reaches 100,000, then 100, 1, 2, 3, 100,000, buy me some more for $8

[14:07] 100, 1, 2, 3, 100,000, buy me some more for $8 or $10. In this case, I'm buying at all stages. Don't look at it, the price of 100,000 isn't far off. If its price is 113, the price of

[14:19] 100,000 isn't far off. It might hit 100,000, and in this case, I would have bought at a very low price. case, I would have bought at a very low price. This is the limit thing; it works for buying and it works for selling. This is the limit thing; it works for buying and it works for selling. If we click on the "sell with limit" button here, the process is

[14:34] If we click on the "sell with limit" button here, the process is reversed. Meaning, if Bitcoin reaches 110, I bought Bitcoin at 110. Pay attention, I bought at 110, but in order to 110. Pay attention, I bought at 110, but in order to make a profit, I don't want to sell it at 110.

[14:49] I want to sell it for 120,000. 1 2 3 Now, here I put someone I want to tell him: if the price of Bitcoin reaches 120, he should 120, he should

[15:10] on the sell button, and the order goes directly here. I tell him again, and directly here. I tell him again, and

[15:29] want. Here I tell him, for example, to buy buy 500, 1000, 200, or 20. This is something 500, 1000, 200, or 20. This is something I determine. With this solution, you

[15:42] I determine. With this solution, you buy at a reduced price and sell at a higher price. However, this strategy might take a week, a month, two months, or sometimes even a

[15:55] take a week, a month, two months, or sometimes even a year to implement, provided the buy and sell orders here match the order you set. You'll place it because when you place a sell order, the

[16:10] you set. You'll place it because when you place a sell order, the order will be posted here in the block. See, guys, these are the orders, or these requests. People have placed them, and as soon as the requests. People have placed them, and as soon as the price reaches the buy order, the sale will be executed

[16:24] price reaches the buy order, the sale will be executed immediately if the price matches the buy order. You'll find numbers here, and these numbers change, as you can see. One of the

[16:36] guys has placed this price, another has placed this price, and another has placed this price. Each one has an amount they want to sell, but at the same time, look, this person has placed 5000,

[16:50] and this person has placed 0.00, and this person has 0.00. But from here, is this on person has 0.00. But from here, is this on Bitcoin or on USDT? We need to know. See, guys, this is how I place sell orders and buy orders. These

[17:06] orders are posted here, but they are posted within the price range. So, if you notice, all of these are within the price range. So, if you notice, all of these are within the pattern, within the 113,000 range. The ones within the pattern, within the 113,000 range. The ones we'll put in the table will be at the top. If

[17:19] we'll put in the table will be at the top. If the price reaches them, the condition is met and the sale or purchase is completed. Now the condition is met and the sale or purchase is completed. Now let's take the second one, which is the

[17:32] let's take the second one, which is the market order. A market order means that if we click on it here, it means market order. A market order means that if we click on it here, it means I want to buy at the current price. I don't care about 120 or 130; I want to buy at the current price of

[17:47] 130; I want to buy at the current price of Bitcoin. I don't want to wait; I want to buy right now at this Bitcoin. I don't want to wait; I want to buy right now at this price. I place the market order here, but I choose to buy. If I want to buy Bitcoin, I choose to buy and activate the market order. As soon as I

[18:02] click on the buy button, it gives me the amount, the price that is at the exact moment of the buy order. It tells me to enter the total. If you

[18:15] tells me to enter the total. If you notice, it's in USDT. So, if I notice, it's in USDT. So, if I want to buy right now, at this moment, I want to buy at 100. I enter the want to buy right now, at this moment, I want to buy at 100. I enter the price of 100 here, for example, $100. That's how I

[18:28] buy Bitcoin. By clicking here on the "Buy" button, I've made a purchase. Now, if you notice this counter, what is it? Let's say I have

[18:40] I have $100 in my account. If I take this counter and drag it all the way here, I've bought the entire $100, 100% of my capital. I can buy 50% of my

[18:56] capital. I can buy 50% of my capital, or any percentage I choose. I capital, or any percentage I choose. I use this counter to buy. For example, if I plan to buy 25% today, 25%

[19:09] tomorrow, 25% the day after, and finally the last 25%, then last 25%, then today I buy 25%, and tomorrow I open today I buy 25%, and tomorrow I open another trade and buy another 25%. That's how I buy half my capital. Then, the next

[19:23] day, I buy another 25%. So, I've bought in three stages. And in the last stage, if I want to... I buy in it, I buy in this way, all orders, this

[19:37] in it, I buy in this way, all orders, this order will be executed directly, 10, why this order? Because you're using a market order, the market order will be executed instantly. There's no waiting; the

[19:49] market order is executed immediately. If you place the order, it will be executed instantly. So, instantly. So, I'm buying, but I have Bitcoin and I want to sell it. What do I need to do? Here, I choose to sell my Bitcoin

[20:05] for what? For dollars. Okay, from here, I either choose the percentage of Bitcoin I want to sell or the USD amount. For example, if I want to sell for

[20:17] USD amount. For example, if I want to sell for $10 today, I need to have enough $10 today, I need to have enough Bitcoin to sell and enough USD to Bitcoin to sell and enough USD to

[20:31] buy Bitcoin. I hope that's clear. I enter $10 here, or I use this feature, which is the "BAL" feature. I enter the desired amount and click "Sell," desired amount and click "Sell," and the order will be executed immediately because I

[20:45] and the order will be executed immediately because I placed the order with a market order. Next, we have the stop-loss order. A stop-loss order placed the order with a market order. Next, we have the stop-loss order. A stop-loss order is a request that stops a request. In this case, is a request that stops a request. In this case, as you can see, the price... Okay, so

[20:58] as soon as the price drops to the lower value (C), the order above will stop. And if lower value (C), the order above will stop. And if the order reaches the lower value (B), C will stop. So,

[21:10] the order reaches the lower value (B), C will stop. So, if the price rises, it will trigger a buy order, and if it if the price rises, it will trigger a buy order, and if it falls, it will trigger a sell order. This is how it works. falls, it will trigger a sell order. This is how it works. I mean, for beginners, all of this is

[21:23] I mean, for beginners, all of this is n't important to me. I only care about the first one, which n't important to me. I only care about the first one, which is the limit. Since you can place orders, let's say the price is currently 113. Place orders at 110. Place reasonable orders. The

[21:38] price of Bitcoin is unlikely to reach 15,000 anytime soon, but there's nothing stopping reach 15,000 anytime soon, but there's nothing stopping you from placing an order at 15,000. You just have to wait. You might wait five months, a year, two, or three. If it hits 15,

[21:54] your trade will be activated. I hope I've succeeded in explaining this part, God willing. I've succeeded in explaining this part, God willing. We're talking about spot trading now. Spot trading

[22:06] means a dollar equals the value of Bitcoin, which I'm using as a equals the value of Bitcoin, which I'm using as a one-to-one ratio. There's no inflation or anything else involved. 1. And if... We've come to futures contracts. I don't want to make

[22:22] the video too long. I'll explain it to you because futures contracts have many options. Okay, futures contracts have many options. Okay, guys, there's take profit, there's stop loss, and there's

[22:34] also leverage, as you can see. The next video, God willing, will be about futures trading, and it will contain will be about futures trading, and it will contain

[22:50] tips and warnings. So, guys, before you enter any type of trading, you must read about the risks and know that this market is very volatile. Just as there is profit, there is also loss. May God grant me and you what is good. If you liked this video, don't

[23:06] forget to subscribe to our channel and activate the bell icon. Peace, mercy, and blessings of God be upon you.