Understanding Spot Trading

Spot trading is the process of buying and selling cryptocurrencies in real time at current market prices or at set prices. It is one of the most common and straightforward forms of trading in the crypto space, where transactions are settled instantly or when a price is matched, and the purchased assets are directly transferred to the buyer’s account. Unlike futures or margin trading, spot trading does not involve leverage, borrowing, or contract-based settlements.

On Feo Exchange, spot trading allows users to trade cryptocurrencies securely with a transparent order-matching system. Users can place buy and sell orders using different order types to optimize their trading strategies.

How Spot Trading Works on Feo Exchange

Spot trading on Feo Exchange follows a simple process:

1. Deposit Funds: Before trading, users need to deposit cryptocurrency into their Feo Exchange account.
2. Choose a Trading Pair: Feo offers various trading pairs. Users can select the cryptocurrency pair they wish to trade (e.g., BTC/INR, ADA/INR).
3. Place an Order: Users can place either a Market Order or a Limit Order based on their preferred trading strategy.
4. Order Matching & Execution: Orders are matched with existing orders in the order book. Market orders execute immediately, while limit orders execute when a matching opposite order is placed at the specified price.
5. Receive the Crypto Assets: Once the trade is executed, the purchased cryptocurrency is credited to the user’s Feo account instantly.

Types of Orders on Feo Exchange

Currently, Feo Exchange supports two types of orders for spot trading:

1. Market Order

A Market Order allows users to buy or sell a cryptocurrency instantly at the best available market price. Since this order type prioritizes execution speed over price, it is ideal for traders who want to complete a trade immediately.

• Buy Market Order: The system purchases the asset at the lowest available sell price.
• Sell Market Order: The system sells the asset at the highest available buy price.
• Best Use Case: Market orders are suitable for traders who prioritize quick execution over price precision, such as in volatile market conditions.

2. Limit Order

A Limit Order allows users to set a specific price at which they want to buy or sell a cryptocurrency. The trade will only execute when an opposite order matches at the set price.

• Buy Limit Order: The system buys the asset only when its price reaches or drops below the user-specified price.
• Sell Limit Order: The system sells the asset only when its price reaches or exceeds the user-specified price.
• Best Use Case: Limit orders are ideal for traders who want more control over their entry or exit price, even if it means waiting for market conditions to match their order.

Spot Trading Fees on Feo Exchange

Feo Exchange charges a small fee for each completed trade. The fee structure may vary based on trading volume, promotions, or loyalty programs. Users can check the latest fee details in the Fee Schedule section on the Feo website.

Benefits of Spot Trading on Feo Exchange

• Instant Settlement: Trades are executed and settled immediately.
• Secure & Transparent: Feo ensures a secure trading environment with a robust order-matching engine.
• Simple & Beginner-Friendly: No leverage or complex instruments, making it easy for beginners.
• Competitive Fees: Low trading fees enhance cost-efficiency for frequent traders.

Spot trading on Feo Exchange provides a simple and effective way to trade cryptocurrencies. With Market and Limit orders, traders can execute transactions based on their strategy and market conditions. Whether you're looking for fast execution or price precision, Feo Exchange offers a seamless spot trading experience.