Spot Crypto Trading
on MERCADE
Spot trading is a way to buy or sell the cryptocurrency itself. MERCADE lists Spot among its core products, giving you a route to explore supported assets and trading pairs before placing a trade.
What Is Spot Crypto Trading?
A spot trade exchanges one asset for another. When a buy order is filled, the purchased cryptocurrency is credited to your account. When a sell order is filled, the asset you sold is exchanged for the asset specified by the trading pair.
This differs from contract trading. A spot purchase concerns the underlying cryptocurrency; a contract is a separate product tied to price movement.
Understanding a Spot Market
Trading Pairs
A trading pair shows which asset you are trading and which asset is used to price it. Check the exact pair before choosing a market—two markets for the same cryptocurrency may use different quote assets.
Price and Order Amount
The displayed price tells you how much of the quote asset is needed for one unit of the asset being traded. Your order amount determines the size of the transaction. The final execution price can differ from the price you first saw if the market moves or available orders change.
Trading Costs
Look at the applicable fee and the difference between buying and selling prices when comparing markets. Both affect the total cost of a trade.
Explore Spot Markets on MERCADE
Use MERCADE's Spot section to browse the markets currently available on the platform. Choose an asset and trading pair, then select whether you want to buy or sell.
If you want exposure to price movements through a separate trading product, read our guide to spot vs contract trading before exploring MERCADE's Contract section.
Frequently Asked Questions
Does spot trading involve buying the cryptocurrency?
Yes. A completed spot purchase concerns the underlying cryptocurrency, rather than a contract linked to its price. How the asset is held and transferred depends on the platform's account terms.
Can I sell cryptocurrency through a spot market?
You can sell a supported asset where MERCADE offers a suitable trading pair and you have the asset available in your account.
Are spot and contract trading the same?
No. Spot trading exchanges assets. Contract trading opens a position governed by that contract's terms.
Explore spot trading on MERCADE
Choose an asset and trading pair.