What is Spot trading?
Spot trading is between two different cryptocurrencies, using one of the currencies to purchase other currencies. The trading rules are to match transactions in the order of price priority and time priority, and directly realize the exchange between two cryptocurrencies. For example, BTC/USDT refers to the exchange between USDT and BTC.
How to Buy or Sell Cryptos with Spot Trading on Bitunix Website
-
Log in to your account on Bitunix.com , click "Spot".
-
On the left side, search BTC, or click BTC/USDT in the list.
-
At the lower part of the page, select "Limit" or "Markets" order.
If users choose limit order, then they need to enter both price and amount before they can place the order;
If users choose market order, then they are only required to enter the total value in USDT as the order will be placed under the latest market price. If users choose to sell with market order, only the amount of BTC to sell is required.
-
To buy BTC, enter the price and amount for limit order, or just enter the amount for market order, click "Buy BTC". If you are selling your BTC for USDT, then you should use the one on the right and click "Sell BTC".
-
If a limit order is not filled immediately, you can find it under "Open Order", and cancel it by clicking "Cancel".
-
Under “Order History”, users are able to view all their previous orders including their price, amount, and status, under “Details”, users are also able to view the fee and the price filled.