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Spot Trading (Beta) Now Available on BTCC
05/07/2024
We’re thrilled to announce the launch of our spot trading feature (Beta), currently offering 6 tradable pairs on both our web and app platforms:
• BTC/USDT
• ETH/USDT
• SOL/USDT
• XRP/USDT
Spot trading on the BTCC app: A step-by-step guide
1. First, tap ‘Trade’ and select ‘Spot Trading’ on our app.
2. Then choose a spot trading pair from the list here.
3. Once you’ve selected the pair you want to spot trade, set the trading parameters. Start by picking your trade direction. You can choose to place a buy or a sell order.
Then choose an order type.
We currently have four order types:
A. Limit order
Buy/sell at a specific price
B. Market order
Buy/sell at the best available price
C. Trigger limit
- Preset the order’s limit price, amount, and trigger price
- Once placed and the trigger price is reached, a limit order will be placed based on the predetermined price and quantity.
D. Trigger market
- Preset the order’s trigger price and order amount
- Orders are executed automatically based on the predetermined amount when the market price reaches the trigger price.
4. Enter the order price and the order amount or the order total here.
5. Check the details and confirm the order.
6. Once the order is placed, you can view your orders on the spot trading page or your trade history.
FAQs about Spot Trading
Learn more about spot trading from the articles in our Support Centre:
• What is an Order book and Market Depth?
• What are Market Makers and Takers?
• What are Market Orders and Limit Orders?
Looking forward
Over the next few months, we will be expanding our product offerings to include a wider range of assets. So stay tuned!
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Click to register or scan the below QR code to download the BTCC app:
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Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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