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How to make a spot trade on XT.COM?

XT-Service
  • Updated

Content of this article:

The spot market is a platform for "instant liquidity" of financial products. In the spot market, "liquidity" means exchanging a financial product for cash. It may seem trivial to distinguish this concept, but some markets do not settle instantly in cash.

In short, the spot market is a place where transactions are made "immediately". Since transactions are settled immediately, the current market price of an asset is often referred to as the spot price.

 

How to Trade Spot on XT.COM Website?

Step 1: Log in to your account at XT.COM.

 

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Step 2: Enter the markets interface, click or search for the token name, then you’ll be redirected to the Spot trading interface.

 

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Spot trading interface (take the XT/USDT standard interface as an example):

 

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  1. Trading volume of the trading pair in 24 hours
  2. Candlestick chart and market depth
  3. Market Trades
  4. Sell order book
  5. Buy order book
  6. Market Trades
  7. Buy order section
  8. Sell order section

Step 3: 

Enter the order placing section of the trading interface, refer to the price in the buy/sell order section, enter the appropriate XT buying price and the quantity or trade amount. Click [buy XT] to complete the order. (Same for sell order)

 

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Note:

  • The default order type is a limit order. You can use a market order if you want an order filled as soon as possible.
  • If the market price of XT/USDT is 3.5 USDT, but you want to buy it at a specific price, for example, 3 USDT, you can place a limit order.
  • The percentage bar below the amount refers to what percentage of your total USDT assets will be used to buy XT.

 

How to Trade Spot on XT.COM App?

Step 1: Log in to the XT App and go to [Trade] - [Spot].

 

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Trading interface explanation:

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  1. Market and trading pairs
  2. Technical indicators and deposit
  3. Buy/Sell Cryptocurrency
  4. Order Book
  5. Order History

 

Step 2: Enter the order placing section of the trading interface, refer to the price in the buy/sell order section, enter the appropriate BTC buying price and the quantity or trade amount. Click [buy BTC] to complete the order. (Same for sell order)

 

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Note:

  • The default order type is a limit order. You can use a market order if you want an order filled as soon as possible.
  • If the market price of BTC/USDT is 27,000 USDT, but you want to buy it at a specific price, for example, 26,800 USDT, you can place a limit order.
  • The trading volume below the amount refers to what percentage of your total USDT assets will be used to buy BTC.

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