What is Spot trading?
Provided by Bitunix, 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 crypto-currencies. For example, BTC/USDT refers to the exchange between USDT and BTC.
Bitunix Spot Trading Product Page Explained
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Trading pair: Shows the current trading pair name, such as BTC/USDT is the trading pair between BTC and USDT.
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Transaction data: the current price of the pair, 24 hours price change, highest price, lowest price, transaction volume and transaction amount.
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Search area: users can use the search bar or directly click the list below to switch the cryptos to be traded
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K-line chart: the current price trend of the trading pair, Bitunix has a built-in TradingView view and drawing tools, allowing users to select different indicators for technical analysis
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Orderbook and Market trades: real-time order book order book and trading situation of the current trading pair.
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Buy and Sell panel: users can enter price and amount to buy or sell, and can also choose to switch between limit or market price trading.
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Order information: users can view the current open order and order history for previous orders.