# Spot trading is really not that complicated, but newbies can easily fall into pitfalls.
Many people buy coins for the first time through spot trading - putting money into BTC and holding it in hand. It seems simple, but many people do not understand the difference between spot and leverage or futures, and as a result, they run into problems.
**What is Spot?** It is instant trading, you pay and I give you the coins, that's it. There is no borrowing to leverage, no contract date, you buy what you take. Platforms like Binance and Uniswap are all spot trading.
**The advantages are obvious**

Strive has just announced its move: it will issue 1.25 million preferred shares (SATA) with a 12% dividend to buy out more Bitcoin. The company already has nearly 6,000 BTC in the vault (around $637M the current price). The money may also go to other assets or buy back common shares. Basically, they are betting heavily on Bitcoin while expanding operations. The typical move of those who believe in the bullish cycle.

The panic index is still at 10 today, the same number for two consecutive days, and the market has fallen into a state of "extreme fear". To put it simply, the on-chain sentiment is at its worst right now—this often signals a buy the dip opportunity, but it also means that the fall may not have completely bottomed out. Experienced old suckers know that extreme fear usually indicates a rebound opportunity, but the question is whether you have the guts to catch a falling knife at this time.

# $22M NFT Scam: DOJ Arrests Founders
The prosecutor has just taken action against two Californians who took $22 million in one of the largest NFT scams known. Gabriel Hay and Gavin Mayo set up a complete circus between 2021 and 2024: fake projects, fake promises, and when investors put in the money, they disappeared.
The play: they published fantasy roadmaps, pretended to be legitimate teams, and once they raised funds, the projects vanished like smoke. Investors were left with empty pockets.
The interesting thing is that the Department of Justice is pulling old cases from 2021 out of the d