Lesson 79 of 1,000 · Crypto Transactions On Centralized Exchanges
#79 An Overview Of Spot Trading
The most fundamental trade: buy and hold the actual asset. Spot trading done right, with risk kept in check.
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The unedited walkthrough for lesson 79 is not on the shelf yet. Read the lesson notes below in the meantime.
Key ideas
- The most fundamental trade: buy and hold the actual asset.
- Spot trading done right, with risk kept in check.
Do it now
- UnlockBorrow against crypto you already hold, no credit checkAave lends against collateral you deposit, so no credit score is asked for. You must deposit more than you borrow, and the collateral is sold automatically if its value falls too far.
- UnlockEarn points on two perp DEXs with one hedged positionGo long on one venue and short the same size on another. Price moves cancel out, and both venues count your activity. Lighter charges retail traders zero fees, so it makes a cheap leg.
- UnlockGive your fans a coin that unlocks the real stuffAudius lets verified artists launch an Artist Coin on Solana. Holders unlock exclusive tracks and chats, and the artist earns from trading fees.
- SolutionReceive money from abroad without a bank accountA free wallet on your phone can receive dollars from anywhere as USDC, usually in minutes, with no bank account behind it. Hold the dollars, then sell only what you need through a licensed local ramp or an escrowed P2P desk, or spend straight from a stablecoin card such as Tria where it is offered. Skip these: unescrowed P2P trades and anyone who asks for your recovery phrase.