> For the complete documentation index, see [llms.txt](https://docs.yellow.pro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yellow.pro/spot-trading/how-to-place-a-spot-trade.md).

# How to Place a Spot Trade

## Before You Start

Make sure you have:

* connected your wallet and logged in to [Yellow.pro](https://yellow.pro)
* deposited funds into your account
* sufficient **Available** balance in the relevant currency

> If part of your balance shows as **In Orders**, those funds are locked by open orders (or a withdrawal in progress). Cancel an open order to release them.

{% stepper %}
{% step %}

### Select a market

On the left panel of the trading interface, browse or search for the market you want to trade (for example, `ETH-USDT`). The order book, chart, and order form load for that market.

![Selecting a market on the Yellow.pro trading interface](/files/V0vxsFSiCtnPCDy9THAL)
{% endstep %}

{% step %}

### Choose your order type

In the order form, select your order type:

* **Market order** — executes immediately at the best available price. No price input needed.
* **Limit order** — executes at your specified price or better. Requires a price input.
* **Stop Limit / Stop Market** — conditional orders that activate when a trigger price is reached.

![The order form with the order-type selector](/files/LkMktFwoQ7SPGewzkzI5)

Not sure which to choose? See [Order Types](/spot-trading/order-types.md).
{% endstep %}

{% step %}

### Set the side: Buy or Sell

* **Buy ETH-USDT** → you spend USDT to receive ETH.
* **Sell ETH-USDT** → you spend ETH to receive USDT.
  {% endstep %}

{% step %}

### Enter price and amount

* **Market order:** enter only the **Amount**; the platform uses the best available price.
* **Limit order:** enter both the **Price** and the **Amount**.

The form shows an estimated **total value** before you confirm.

> Ensure your price respects the market's **tick size** and your amount respects the **step size**, or the order will be rejected. See [Market Rules & Limits](/spot-trading/market-rules.md) for each market's values.
> {% endstep %}

{% step %}

### Review and submit

Double-check the market, side, order type, price (if applicable), amount, and estimated fee, then click **Buy** or **Sell**.
{% endstep %}

{% step %}

### Monitor your order

After submission:

* your order appears in **Open Orders** at the bottom of the screen
* if it fills immediately, your balance updates and the trade appears in **Trade History**
* if it's a limit order waiting to be filled, it stays in **Open Orders** until matched or cancelled

**Open order:**

![An open order shown in the Open Orders panel](/files/oV6SDJNtvZ1XftrqybEA)

**Filled order:**

![A filled order shown in trade history](/files/mLg2wWUiQuo21qXQoItL)
{% endstep %}
{% endstepper %}

## Cancelling an Open Order

1. Go to the **Open Orders** tab at the bottom of the screen.
2. Find the order you want to cancel.
3. Click the **Cancel** (X) button next to it.

Funds held **In Orders** for the cancelled order return to your **Available** balance immediately.

![Cancelling an open order from the Open Orders tab](/files/9w1rbTedZsAQzbgVgCJl)

## Tips for New Traders

* Start with small amounts while you get familiar with the interface.
* Use limit orders when you care about the exact execution price.
* Always verify your order details before confirming — there is no undo after submission (though you can cancel a limit order if it hasn't filled yet).
* Check market parameters (tick size, minimum size) if your order is being rejected.

## Related Articles

* [Order Types](/spot-trading/order-types.md)
* [Managing Orders](/spot-trading/managing-orders.md)
* [Market Rules & Limits](/spot-trading/market-rules.md)