Spot Trading
What is Spot Trading
Spot trading is the most commonly known method of crypto trading in which the users buy and sell the asset on the running market value (commonly known as the Spot price or spot exchange rate) of the asset at the time of the transaction.
It is the simplest form of crypto trading, involving immediate ownership of the asset bought on running market value. It is generally done by traders who intend to buy the asset at a low price, in anticipation of the appreciation in its value and the consequent selling of the asset after appreciation of the value to realize the profit.
User can buy the USDT through the Buy Crypto option which will be deposited to the spot wallet, and then proceed to trade from USDT with the crypto intended to buy.
Steps to perform spot trading
Select the 'Spot Trading' option given on the main menu bar on top of the screen
The user will be directed to the trading view page, where the trading assets are categorized on the left side on the basis of market classification and the order books on the right side
User can proceed to buy (swap) the crypto asset with USDT on the section below the trading graphs, after which the transction and order histories will be available in the bottom section of the page
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