Spot trading has never been easier with Toobit. Check out our step-by-step guide below on how to get started:
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Log in to your Toobit account, navigate to the Trade tab at the top left of the homepage, and enter the spot trading section. Select the desired trading pair to get started.
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Using BTC/USDT as an example, if you want to exchange USDT for BTC, click on BTC under the USDT category to enter the market, as illustrated in the accompanying image.
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You can then place either a limit order or a market order.
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Limit Order: A limit order is a pending order that allows you to set a specific buy/sell price. The order will be executed when the market price reaches the price you have set. If the specified price is lower than the current market price, the order will be filled at the market price. Similarly, if the specified price is higher than the current market price, the order will be filled at the market price. The interface for placing limit orders is shown below.
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Market Order: A market order is executed immediately at the best available market price. You simply enter the total amount you wish to buy or sell, and the system will initiate the order at the prevailing market price. The interface for placing market orders is shown as follows.
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After submitting the order, you can view the details of your open orders or order history at the bottom of the page.
