Spot (Crypto-to-Crypto) Trading Rules — Quick Guide
Spot (crypto-to-crypto) trading refers to exchanging one digital asset for another digital asset. Taking the ETH/USDT trading pair as an example, ETH is the base asset (the asset you buy or sell), and USDT is the quote asset (the asset you use to pay or receive). In other words, you use USDT to buy ETH.
Trading Pair Example
ETH/USDT: Buy ETH with USDT or Sell ETH for USDT
Before trading, please transfer your USDT to your spot account (sometimes also referred to as "Funds → Transfer → Transfer to Spot"). You need to have sufficient USDT balance in your spot account to place orders for ETH/USDT or DOGE/USDT.
Important Note
Ensure you have enough balance in your spot account before placing trades.
Taking Dogecoin (DOGE) as an example:
Open the application and enter trading mode.
Click the trading pair selector in the upper left corner (e.g., DOGE/USDT).
On the new screen, switch the trading mode to Spot (crypto-to-crypto).
Select Buy or Sell.
Choose limit order.
Input price and quantity.
Click Buy Dogecoin (or Sell Dogecoin).
Note: A limit order means that when the market price reaches the price you specified, the system will execute your order according to your preset limit price.
Example: If you set a buy limit order for DOGE at $0.08, your order will only execute when the market price reaches $0.08 or lower.