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Can someone ELI5 what's the difference between the spot and funding wallet?

Binance

Cryptocoins Exchanges / Binance 81 Views

Hi,

I ordered a Binance card and purchased some USDT for it.

Why these USDT are in a special "funding pockets" than the rest of my cryptos (spot pockets)?

As you might have guessed I'm not "financially refined" however somebody that doesn't ask questions stays an fool all his life.

submitted by /u/Larkonath
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