What Is Spot Trading In Crypto?
Adekunle Joshua
Spot trading in crypto involves buying at the spot price to sell later
It depends on a simple strategy—buy low, sell high
Spot trading is about realizing profits by selling at a higher price
The order book plays a crucial role in spot trading, showcasing bids and asks
In Sport trading, sellers set ask prices, and buyers set bid prices
Spot trades can be executed on various platforms such as centralized exchanges, decentralized exchanges (DEXs), or through over-the-counter (OTC) dealers.
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