A Beginner’s Guide to Crypto Spot Trading (Website)
A spot trade is a straightforward transaction between a buyer and a seller at the current market rate, also known as the spot price. The trade is executed instantly once the order is fulfilled.
Users can set up spot trades in advance with a specific target price, also known as a limit order. You can make spot trades on our platform's trading page interface.
Here's how to make a spot trade on our platform:
Go to our website and click on "LogIn" in the top right corner.
Click on any cryptocurrency on the Spot page to go directly to the corresponding spot trading page.
You will now find yourself on the trading page interface.
Select the wallet you want to use for this trade.
Let's say you want to buy BTC. Enter the price and the amount for your order in the buying area. Click "Buy BTC" to complete the transaction. You can follow the same steps to sell BNB.
The default order type is a limit order. If you want to execute your trade as soon as possible, you can switch to a "Market" order. By choosing a market order, you can trade instantly at the current market price.
If you want to buy or sell at a specific price, you can place a "Limit" order. For example, if the market price of BNB/BTC is 0.002, but you want to buy at 0.001, you can place a limit order. When the market price reaches your set price, your order will be executed.
The percentages shown below in the BNB "Amount" field refer to the percentage of your held BTC that you wish to trade for BNB. You can adjust the desired amount by moving the slider.
You can review your balance change in the wallet area below the buying area.
Spot Order History
Check the current and historical order information at the bottom of the transaction area or on the "Transaction" page for a complete review.
Note: The platform reserves the right to change order types based on market conditions.
Last updated
