What is Cryptocurrencies Spot Trading?
Cryptocurrencies Spot Trading is a financial market open to the public where purchasing or selling financial instruments and assets can be traded immediately between Buyers and Sellers at the current market price. Also, you can use various order types for placing your orders. Taking BTC/USDT pair as an example, the price of the trading pair represents how many units of USDT need to be paid to buy 1 BTC, or how many units of USDT can be obtained by selling 1 BTC.
What are the differences between Spot Trading and Futures Trading?
Crypto spot trading requires traders to purchase a crypto, such as Bitcoin, and hold it until the value increases, or use it to buy other altcoins that they think may rise in value. In the crypto Futures market, investors do not own the actual crypto. Rather, they trade based on speculation of the crypto market price. Traders can choose to go long (BUY) if they expect the value of the asset to rise, or they can go short (SELL) if the value of the asset is expected to fall.
Spot Trading page introduction
- Symbol, Volume and Alerts
- Sell order book
- Buy order book
- Candlesticks Charts
- Market area and search bar for Trading pairs
- Your last completed transaction
- Market Trades
- Top movers
- Various Order Types
- Buy Crypto
- Sell Crypto
- Open Order, Order History, Trade History
Spot Trading Order introduction
- Order side and Order type
- Symbol (Trading Pair)
- Amount
- Price
- Total
- Trigger Condition
- Date and Time