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# spot

Crypto spot trading is like buying and selling your favorite video games online, but instead, you're trading digital money, like Solana. You pay the current price (or "spot" price) and own the digital money right away. If you buy some and its price goes up, you can sell it for more than you paid. It's all about timing and guessing which way the price will go.

Projects

Coinbase

Coinbase is the most trusted cryptocurrency platform, and an ideal starting point if you're new to crypto. They started in 2012 with the idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, they offer a trusted and easy-to-use platform for accessing the broader cryptoeconomy. [When you deposit on a centralised exchange you receive an IOU for your tokens, which shows up as your wallet balance. When your tokens are held on a centralised exchange, you don't physically own them – the exchange does, and you may lose them]
www.coinbase.com

deribit

Deribit is a crypto options and futures exchange offering trading for Bitcoin, Ethereum, Solana, and more. It stands out for its market share in BTC and ETH options trading, aiming to serve both beginners and experienced traders with educational resources, a risk-free test platform, and 24/7 support. Deribit provides advanced trading tools, zero-fee spot trading, and a mobile app for trading on the go, catering to individual traders and institutions alike with its secure, reliable platform since 2016.
www.deribit.com

Gemini

Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy bitcoin, ether, and other cryptocurrencies. They are a licensed New York trust company that undergoes regular bank exams and is subject to the cybersecurity audits conducted by the New York Department of Financial Services [When you deposit on a centralised exchange you receive an IOU for your tokens, which shows up as your wallet balance. When your tokens are held on a centralised exchange, you don't physically own them – the exchange does, and you may lose them]
gemini.com
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