The video is a beginners guide on spot trading on Bybit exchange. It is mentioned that most exchanges works in a similar way. The guide explain what spot trading means which is buying the asset on the current market price. When buying, the user becomes the owner of the coin and is saved on the wallet. It is recommended trading on stable coins to avoid a tax nightmare. Buy the coin to hold expecting that the price go up, so selling it will get you profits. You can set your price to sell using limit order and the order stays on the orderbook until the price has been reached. It is recommended to beginner to start using spot trading.