Spot trading cryptocurrency refers to purchasing and selling cryptos for immediate delivery or settlement on a cryptocurrency exchange. Expressed, those who engage in spot trading swap one cryptocurrency for another at the current market price and without delay in delivery.
In general, customers expect to profit from short-term market price changes. Individuals, for example, may acquire cryptocurrency when they feel its price will grow and then sell it soon after to profit. Furthermore, users may sell cryptocurrency when they feel its value will fall and then repurchase it at a lower price.
Spot trading is distinct from other trading strategies such as futures or margin trading, which entail purchasing/selling contracts to purchase or sell a predetermined amount of bitcoin at a future date and price. It merely requires the immediate exchange of cryptocurrencies at their current market value.
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