All Things You Need to Know About Spot Trading on CoinEx
I.What is spot trading on CoinEx
CoinEx spot trading refers to the direct exchange of one encrypted asset for another. For example, when we use BTC to price CET, a CET/BTC trading pair comes into being. Transactions will be matched based on the priority of price and time to directly realize the exchange between digital currencies.
CoinEx users can pay the equivalent amount of CET as part of the transaction fees in trading, and enjoy exclusive fee discounts; at the same time, users holding a certain amount of CET can become a VIP of CoinEx.
II. How to make spot trading on CoinEx
- Visit the CoinEx website and log in to your account. Click [Exchange] on the top navigation bar to enter the spot trading area.
2.Here we take buying/placing CET/USDT limit order as an example
Search CET in the search bar and choose [CET/USDT]. Click [Spot Trading], and choose [Limit] type and [Always Valid] (defaulted status). Set [Price] and [Amount]. Confirm the information and click [Buy CET];
3.Take selling/placing CET/USDT limit order as an example
Choose [Spot Trading] market, [Limit] type and [Always Valid] (defaulted status). Set [Price] and [Amount]. Confirm the information and click [Sell CET];
III. How to use CET as transaction fees
To use CET as transaction fees, click [Account], select [Preferences Settings] in the drop-down menu, and click [Use CET as Fees]