Spot trading happens when investors buy an asset at its current market price, and the payment and delivery of that security happen immediately. A spot trade occurs when a trader buys or sells a financial instrument, commodity, or foreign currency on a specific spot date. It means you can exchange your assets at any time as opposed to non-spot trades, where there are usually some agreements that must be made before they happen.

It can be considered the fastest way to trade in crypto. These trades happen over the counter and significant market exchanges such as the New York Stock Exchange and Nasdaq Stock Market. The spot price of a holding is the amount at which it can be bought or sold instantly.


What are the essential steps to get started with spot trading?

Understand what spot trading is all about

Spot trading is buying and selling assets at the current market rate called the spot price to sell the asset immediately. It enables day traders to open short-term positions with low spreads and no expiry date.

Learn why people trade spot markets

People trade spot markets because they can trade on the spot continuously, with real–time pricing; spot prices reflect the underlying market. There are no fixed expiries on spot positions, and it’s suitable for short-term trading as there are no expiries on positions.

Continue here: https://eodvn.com/spot-trading/