Selecting a Trading Pair
Step 1: On the left side of the page, hover over the dropdown menu next to the trading pair. You will see all supported spot trading pairs along with their latest trading price and 24-hour percentage change.
To quickly find your desired trading pair, use the search bar to enter the trading pair you want to view.
To learn more about the differences between Spot Trading and Spot Margin Trading, visit: The Differences Between Spot, Spot Margin, and Futures Trading.
Placing an Order
Biconomy Spot Trading offers multiple order types. To understand the differences between each order type, refer to the Order Type Guide.
Using a Market Order as an example, follow these steps to place a spot order:
Step 1: To trade spot, ensure you are in the Spot Trading tab. Then, select Buy or Sell the asset.
Step 2: Enter the order value or quantity. If you place an order using other order types, such as a Limit Order, you will need to input the order price.
• Market Buy Orders allow you to enter the amount you wish to spend.
• Market Sell Orders require you to enter the quantity you wish to sell.
Note: When selecting 100% of your available balance to place a Market Buy or Market Sell order, there may be a slight difference between the displayed maximum amount or quantity and the system’s calculated value. This difference acts as a buffer for potential market price fluctuations, ensuring that your order executes even if minor price changes occur.
Step 3: Order Confirmation
Once your order is successfully placed, you will receive a confirmation message.
Congratulations! Your order has been successfully submitted!