🔹 1. What is Cryptocurrency Spot Trading?
Cryptocurrency spot trading refers to buying or selling digital assets at the current market price.
📌 Example: In the BTC/USDT trading pair, the price indicates how much USDT you need to buy or will receive by selling 1 BTC.
🔹 2. What’s the Difference Between Spot and Futures Trading?
Feature | Spot Trading | Futures Trading |
Asset Ownership | You actually own the crypto | You do not own the asset, only speculate |
Settlement | Instant settlement | Settlement at a future date |
Strategy | Buy low, sell high | Long/short based on price movement |
🔹 3. What Are the Spot Trading Fees?
Maker (Limit Order): 0.2%
Taker (Market Order): 0.2%
📎 For more details, see: Spot Trading Fee Explanation
🔹 4. What’s the Difference Between Maker and Taker?
Maker: You place a limit order that goes into the order book and waits for a match.
Taker: You accept an existing order from the order book and execute immediately.
🔹 5. How Do I Transfer Funds to My Spot Account?
On Web:
Go to “My Assets” → “Transfer” → Choose the account you want to transfer from (e.g., Funding or Futures) → Select “Spot Account” as destination.
On App:
Tap “Assets” at the bottom → Tap “Transfer” → Choose “Main Account - Spot” → Select coin and amount → Confirm.
🔹 6. What Are Limit and Market Orders?
✅ Limit Order:
Set your desired price and quantity.
Execution only occurs when the market price meets your condition.
⚠ Slower execution, but better control over price.
✅ Market Order:
Executed immediately at the best available market price.
⚠ Fast, but may suffer slippage during volatile markets.
🔹 7. Why Can’t I Set Quantity for Market Buy Orders?
Because market buy orders are executed based on how much USDT (or quote currency) you spend.
You input the amount to spend, not the amount of crypto to buy.
🔹 8. Are There Any Spot Trading Limitations?
✅ Yes, to prevent market manipulation and protect users:
Market orders will only match the top 10 bid/ask levels in the order book.
Any order exceeding this range will be rejected.
🔹 9. How Many Orders Can I Place?
Limit Orders: Up to 200 per user.
Conditional Orders: Up to 20 active orders.
🔹 10. Are There Min/Max Order Limits?
Yes. For the minimum order size, please refer to:
🔗 Minimum Spot Order Size Announcement
🔹 11. How Can I Check My Order History?
Go to “Spot Trading” page → Tap “All” → Choose “Order History” or “Trade History” → View past orders.
🔹 12. What's the Difference Between "Order History" and "Trade History"?
Order History: Includes filled and canceled orders.
Trade History: Shows only filled (executed) trades with details.
🔹 13. Can I Use Spot Account Funds as Margin in Futures?
❌ No.
Your spot and futures accounts are separate and cannot share funds for margin.
🔹 14. Why Was My ETH Buy Limit Order at $2800 Filled at $2600?
Because limit orders execute at your set price or better.
If the market drops to $2600 (better than $2800), the system automatically executes at the more favorable price.