Dear Bitdu users,
Bitdu has launched spot trading on May 6, 2024.
Spot trading refers to the purchase or sale of an asset at the current market price to achieve immediate delivery, that is, the immediate transfer of asset ownership. Spot traders purchase assets in the market and make profits based on the appreciation of the assets. After the price rises, they can sell the asset in the spot market to earn a profit, or they can choose to go short. Shorting requires selling existing financial assets and buying back more when prices fall.
Bitdu team
2024.05.06