What is crypto Spot Trading?

Crypto Spot trading is a transaction between buyers and sellers to trade one cryptocurrency for another at the current market price. 

Taking BTC/USDT as an example, the price of the trading pair represents how many units of USDT need to be paid to buy 1 BTC, or how many units of USDT can be obtained by selling 1 BTC.

 

 

 

What is the Bybit TR Spot trading fee?

Bybit TR charges a 0.1% trading fee from the Taker and does not charge any trading fee to the Maker.

For more details, please refer to Spot Trading: Fees Explained.

 

 

 

What is Maker/Taker?

Traders preset the quantity and order price and place the order into the order book. The order waits in the order book to be matched, thus increasing the market depth. This is known as a Maker, which provides liquidity for other traders.

A Taker occurs when an order is executed instantly against an existing order in the order book, thus decreasing the market depth.

 

 

 

Which account should I transfer my funds into to perform Spot Trading?

You should transfer your funds into the UTA to carry out Spot Trading.

 

 

 

How do I deposit funds to my Unified Trading Account?

There are two (2) primary methods you can use to deposit funds into your Unified Trading Account:

1. Deposit: If your account currently doesn't hold any crypto assets, you can perform a direct deposit of funds.
2. Fund Transfer: If you have another account with funds, you can transfer them to your Unified Trading Account.

Please refer to the following articles for detailed instructions on how to make a deposit or transfer assets.

• How to Make a Deposit
• How to Transfer Assets on Bybit TR

 

 

 

What order types does the Spot market support?

In the Spot Market, various types of orders are supported. These include Market Order, Limit Order, Conditional Order and TP/SL Order. For more detailed information about these order types, please visit here.

 

 

 

Where can I check the average Buy and Sell prices for my spot trading orders? 

When trading on Spot, you can display the average price of your Sell and Buy orders directly on the trading chart. To activate it, click on Display and tick the average price you would like to see. You can also select the period on which the average will be calculated (last 7, 30, 60 or 90 days). Please note that the average price will be calculated from the current day to the last day of the selected period.

 

On the website

 

 

On the app

 

 

 

Why can't I enter the quantity (or value) of cryptocurrency that I wish to purchase (or sell) when using Market Buy (or Sell) Orders?

Market Buy and Sell Orders are filled with the best available price in the order book. Hence, it would be more accurate for traders to fill in the amount of assets (base or quote token) they wish to use to purchase or sell the cryptocurrency, instead of the amount of cryptocurrency to purchase.

 

Are there any trading limits for Bybit TR spot trading?

Yes. For more information, please refer to Bybit TR Spot Trading Rule. 

 

Is there a maximum amount of assets I can hold after purchasing from Spot market?

Due to the higher investment risks and price volatility, the maximum holding amount per token in the Innovation Zone is capped at the equivalent of 100,000 USDT.

However, for tokens that are listed outside of the Innovation Zone, there are no imposed maximum limits on the amount you can hold.

 

 

 

How many orders can a trader be placed at most?

— A maximum of 500 active orders can be placed, of which the latest 50 orders will be displayed in the order records zone.

— Up to 10 conditional orders can be placed, and all orders will be displayed in the position tab.

 

Is there a minimum/maximum order limit on trading volume per transaction?

Yes. Please refer to the Bybit TR Spot Trading Rules.

 

Can I conduct Spot Trading through my Subaccount on Bybit TR?

Yes, you can perform Spot Trading through your Subaccount on Bybit TR. However, please ensure that the Spot Account or Unified Trading Account of your Subaccount has sufficient funds before you begin Spot trading.

To transfer funds to your Subaccount, please navigate to Account & Security located in the upper right-hand corner of the Bybit TR page. From there, select Subaccount and proceed to Transfer Assets to move funds to your respective Subaccount. For more details, please refer to the here.

 

 

 

How do I view my order history?

On the Bybit TR website, please click on Spot Order → Order History to view your order history. 

 

 

 

 

On Bybit TR App, go to Trade to enter the Spot Trading page. Tap on All Orders and you will see your order history.

 

 

 

 

What is the difference between the Current Orders, Orders History and Trades History?

The difference between Current Orders, Order History, and Trades History lies in the status and execution of the orders:

Current Orders: This section displays the orders that are still pending to be filled or triggered. 

Order History: This shows the history of orders that have either been filled or canceled. 

Trade History: This section presents the trades that have been successfully executed and filled. If an order is large, it might be filled by several trades, all of which will be shown in this history.