Cryptocurrency trading can be a very lucrative way to earn money, and Bybit is a great platform for traders looking to take advantage of the volatility of the market. However, it is important to understand the difference between spot and perpetual trading on Bybit before getting started. Spot trading is the traditional way of trading cryptocurrency, and involves buying or selling an asset at the current market price. This is a great way to take advantage of short-term price movements. On the other hand, perpetual trading is a more advanced form of trading that involves trading on margin and using leverage to open positions. This form of trading is more suitable for those looking to make larger profits over a longer period of time.
I'm relatively new to trading cryptocurrencies, and I have yet to experience spot and perpetual trading on Bybit. I'm looking to get some advice from more experienced traders on the platform.
I'm relatively new to trading cryptocurrencies, and I have yet to experience spot and perpetual trading on Bybit. I'm looking to get some advice from more experienced traders on the platform.