Articles on: Spot Trading

What is cryptocurrencies spot trading on Coinlocally?

Introduction

This article explains what cryptocurrency spot trading is, how it works, and how it differs from futures trading. You will also learn about the main sections of the Spot Trading page and the key elements of a spot order.

Cryptocurrency Spot Trading is a public financial market where users can buy or sell digital assets instantly at the current market price.

Trades occur directly between buyers and sellers, and you can place different types of orders depending on your strategy.

For example, in the BTC/USDT trading pair:

  • The displayed price shows how many USDT are required to buy 1 BTC, or
  • How many USDT you receive when selling 1 BTC.

Spot trading is simple, transparent, and ideal for users who want to own actual crypto assets.

What are the differences between Spot Trading and Futures Trading?

Spot Trading

  • You purchase and own the actual cryptocurrency (e.g., Bitcoin).
  • You can hold it long‑term or use it to trade for other assets.
  • Profit depends on the asset’s real price movement.
  • No leverage is used.

Futures Trading

  • You do not own the actual cryptocurrency.
  • You trade based on price speculation.
  • You can go long (BUY) if you expect the price to rise.
  • You can go short (SELL) if you expect the price to fall.
  • Leverage may be used, increasing both potential profit and risk.

Spot Trading page introduction

The Spot Trading interface includes the following key sections:

Symbol, Volume, and Alerts

Displays the selected trading pair, 24h volume, and alert options.

Sell Order Book

Shows all active sell orders (asks) placed by other traders.

Buy Order Book

Shows all active buy orders (bids) placed by other traders.

Candlestick Charts

Provides real‑time price charts for technical analysis.

Allows you to browse and search for trading pairs.

Your Last Completed Transaction

Displays your most recent executed trade.

Market Trades

Shows the latest trades happening in the market.

Top Movers

Highlights trading pairs with the highest price changes.

Various Order Types

Includes Market, Limit, Stop‑Limit, and other order types.

Buy Crypto / Sell Crypto

Sections where you place your buy or sell orders.

Open Orders, Order History, Trade History

Allows you to track your pending orders and completed trades.

Spot Trading order introduction

A Spot Trading order includes the following components:

Order Side & Order Type

Choose whether you want to Buy or Sell, and select the order type (Market, Limit, etc.).

Symbol (Trading Pair)

The pair you are trading, such as BTC/USDT.

Amount

The quantity of the asset you want to buy or sell.

Price

The price at which you want to execute the trade (for Limit orders).

Total

The total value of the order based on price × amount.

Trigger Condition

Used for conditional orders such as Stop‑Limit.

Date and Time

Shows when the order was placed or executed.

Additional notes

  • Spot trading is ideal for beginners because you own the actual asset.
  • Always double‑check the trading pair before placing an order.
  • Market orders execute instantly but may have price slippage.

Common Issues

  • Insufficient balance may prevent order placement.
  • Incorrect order type selection may cause unexpected execution behavior.
  • High volatility can cause rapid price changes.

Tip: Use Limit orders when you want precise control over your entry price.

feeling lost?

If you're new to spot trading or unsure how to place your first order, our support team is available 24/7 to guide you step‑by‑step.

Updated on: 01/18/2026

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