The purpose of this guide is to provide you with enough information to make your first cryptocurrency trade. It is intentionally simplistic because trading options are so wide and varied. As explained Spot Trading relates to the price on-the-spot. There is another dimension to trading called Derivatives.
Derivatives enable you to trade on a derived market for the future price on a cryptocurrency within specific parameters. For example, Futures are a type of Derivative focused on the specific Future price movement. You don’t buy the underlying asset, but instead enter into a contract stating conditions of the trade such as whether you think the price will go up or down, and something called Leverage, which is the subject on the next article.
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