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== How Does Crypto Spot Trading Work? == 1. **Choose a Reliable Exchange**: Select a platform that supports spot trading. Some of the [[top crypto futures exchanges]] also offer spot trading services. 2. **Deposit Funds**: Fund your account with fiat currency or another cryptocurrency. 3. **Place an Order**: Decide whether to place a market order (buy/sell immediately at the current price) or a limit order (set a specific price at which you want to buy/sell). 4. **Execute the Trade**: Once your order is matched with a buyer or seller, the trade is executed, and the cryptocurrency is transferred to your wallet.
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