✔️Spot trading

Spot trading on S-Trade is the practice of buying and selling cryptocurrencies at the price determined by the market. One of the most popular trading options available on cryptocurrency exchanges is spot trading, which is favored by both inexperienced and seasoned investors alike.

Users can log into their accounts and access the trading section of the S-Trade platform to conduct spot trading. They can enter how much cryptocurrency they want to buy or sell here after choosing the trading pair they want to use, such as BTC/USD or ETH/USDT. S-Trade offers users a user-friendly trading interface that shows real-time market data, such as the current price of the cryptocurrency, recent price changes, and order book information.

Users can place limit orders, which let them set a specific price at which they want to buy or sell a cryptocurrency, as well as market orders, which are executed at the price that is currently being offered on the market. Depending on whether the user bought or sold the asset when a trade was executed, the cryptocurrency was either credited to or debited from the user's account balance.

• Spot trading at S-Trade supports the use of four orders: limit, market, stop-limit, OCO.

A limit order allows them to set a specific price at which they want to buy or sell a cryptocurrency. A market order allows them to instantly buy or sell the asset at the market price.

• Stop-Limit and OCO orders are more complex but provide more options.

Stop-limit allows you to set two prices: limit – the price at which the user wants to buy an asset and stop – the price at which an order to buy or sell an asset and the limit will be automatically placed when it is reached.

The OCO combines two orders: a limit and a stop limit, and its main advantage is that when one order is executed, the second order is canceled automatically. This order allows the trader to place two trades simultaneously.

❗ Each trade on S-Trade is subject to a small commission fee, which is taken out of the user's account balance at the time the trade is executed. Users can quickly and easily buy and sell cryptocurrencies at the current market price using trading on S-Trade, which is a simple and straightforward process. Real-time market data and the platform's user-friendly interface.