What Is Spot Trading In Crypto?

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.