What is spot trading in crypto and how does it work? By Cointelegraph

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading.

Trading in cryptocurrencies can be defined in terms of its objective, mode of operation and trading approach. For example, the asset being exchanged, or cryptocurrency, is the goal of cryptocurrency trading. The manner in which cryptocurrencies are traded depends on the type of transaction, such as futures, options or perpetual contracts that take place on the market.