Spot trading refers to exchanging one digital asset for another. For example, in the ETH/BTC trading pair, ETH is the "base currency" while BTC acts as the "quote currency"—essentially using BTC to purchase ETH. Modern platforms typically offer four trading zones: USDT, USDC, Crypto, and Other Stablecoins.
Mobile App Instructions
1. Fund Transfer
Before spot trading, transfer assets like USDT or BTC from your funding account to your trading account:
- Open the app and navigate to [Assets] → [Fund Transfer]
Select currency (e.g., USDT)
- From: [Funding Account]
- To: [Trading Account]
- Enter the amount and confirm.
👉 Optimize your trades with seamless transfers
2. Buying Assets (Example: DOGE)
- Go to [Trade] → Tap the currency pair field [BTC/USDT]
Switch to [Spot] → [USDT] zone
- Search [DOGE] or select [DOGE/USDT]
Choose [Buy] → [Limit Order]
- Set price/quantity → Confirm [Buy DOGE].
Pro Tips:
- Modify orders in the [Orders] tab.
- Set stop-loss/take-profit to manage risk.
- Orders execute when market prices match your target.
3. Selling Assets (Example: DOGE)
- Repeat steps 1–2 above.
Select [Sell] → [Limit Order]
- Enter details → Confirm [Sell DOGE].
Note:
- Sold assets remain on the platform. To cash out, transfer to [Funding Account] and sell in fiat markets.
- Some coins have minimum trade amounts.
4. Market Data & Order Tracking
Price Charts
- Tap the chart icon near the price.
- Analyze trends via Depth (order book) and Trades (recent activity).
Open Orders
- Check [Current Orders] for pending trades.
- [History] shows completed/canceled orders with timestamps.
Web Platform Guide
1. Fund Transfer
- Click [Asset Management] → [Fund Transfer].
- Select currency and accounts → Confirm.
2. Buying Assets
- Navigate to [Buy] → [Spot].
- Pick a pair → [Limit Order] → Enter details → [Buy].
3. Selling Assets
- Go to [Trade] → [Spot] → Select pair (e.g., BTC/USDT).
- Choose [Sell] → Set parameters → [Sell].
👉 Master spot trading with advanced tools
Order Types Explained:
- Limit Order: Set exact price/quantity. Executes at your terms.
- Market Order: Instant trade at current prices.
4. Monitoring Tools
Live Data
- View pair stats (24h change, volume) beside the chart.
- Order Book displays buy/sell queues.
Order History
- [Current Orders]: Active trades.
- [History]: Past transactions with full details.
FAQ
Q: How do I cash out from spot trading?
A: Transfer coins to your [Funding Account], then sell to fiat in the buy/sell zone.
Q: Why won’t my small DOGE order execute?
A: Some coins enforce minimum trade amounts—check the pair’s rules.
Q: What’s the difference between limit and market orders?
A: Limits wait for your price; markets fill instantly at current rates.
Q: Can I cancel a pending order?
A: Yes! Go to [Current Orders] and click Cancel.
Q: How do I set stop-loss after buying?
A: Edit your open order to add stop-loss conditions.
Q: Where can I see my trade history?
A: Under [History] in the orders section.
### **Key Features Highlighted**:
- Step-by-step walkthroughs for app/web.
- Clear distinctions between order types.