Beginner guide (Quick Swap & first trade)

If you are new to trading, start with the simplest flow first (Quick Swap) and then move to the spot trading interface when you are ready for more control.

Before you trade

• Complete KYC verification.
• Enable Two-Factor Authentication (2FA), especially before depositing significant funds.

Important: Trading involves risks. As in traditional finance, trading digital assets involves risk. Prices may fluctuate significantly, and losses are possible.

 Before trading, consider:

• Your investment profile — Are you risk-averse, moderate, or comfortable with higher volatility? Different assets and strategies carry different levels of risk.
• Your financial situation — Only trade with disposable income (funds you can afford to lose without affecting your essential living expenses or financial obligations).
• Make sure you understand the risks before placing your first trade.

Quick Swap (simplest flow)

Quick Swap is designed for simple conversions between two assets without interacting directly with the order book. The system provides a quoted price, and you confirm the swap.

For example:

• USD → USDT
• USDT → BTC
• BTC → USDT

1. Open the trading section and select Quick Swap.
2. Choose the asset you want to swap from (for example, USD or USDT).
3. Choose the asset you want to receive (for example, USDT or BTC).
4. Review the quoted rate and the final amount you will receive 
   • Note: The displayed price already includes the applicable spread. The quote is valid for 5 seconds. If it expires, a new quote will be shown automatically before confirmation.
5. Confirm the swap.

Your first spot trade (more control)

Spot trading allows you to place orders directly into the market using an order book.

What is an order book?

An order book is a real-time list of buy and sell orders placed by market participants. It shows the prices at which traders are willing to buy (bids) and sell (asks). When your order matches with another participant’s order, the trade is executed.

Spot trading is useful when you want more control over execution price.

1. Open the Spot Trading interface.
2. Select a trading pair (for example, BTC/USDT).
3. Choose an order type (for example, market or limit).
4. Enter the amount and review the order details.
5. Confirm the order and monitor it in your open orders / order history.