Spot Trading

Spot Trading is the buying and selling of assets

Spot trading on a DEX works similarly to spot trading on a traditional exchange. Traders can place limit orders that specify the price and the amount of the asset they are willing to buy or sell. The orders are then matched against each other and the trade is executed when the conditions of the order are met. The main difference between spot trading on a DEX and a traditional exchange is that the DEX does not involve any centralized counterparty, so the traders are matched directly with each other. This eliminates the need for a middleman and allows traders to trade directly with each other, which is often faster and more secure. Market Order - A market order is an order type that enables users to buy or sell Crypto assets at the best available price on the market. Market orders are immediately filled and provide the most liquidity for a given asset, as they are matched with other market orders and limit orders on the exchange. Limit Order - A limit order is an order to buy or sell a Crypto assets at a specific price or better. Limit orders allow traders to buy or sell a Crypto assets at a specific price, which is better than the current market price. This gives traders more control over the price they get for their trades.