Ctrlk
For the complete documentation index, see llms.txt. This page is also available as Markdown.

What is Spot Trading?

Spot trading on Yellow.pro — the direct exchange of one crypto asset for another at the current market price.

Spot trading is the most straightforward way to trade on Yellow.pro. It is the direct exchange of one cryptocurrency for another at the current market price — you buy or sell an asset and receive it immediately in your account balance.

A spot market is always quoted as a pair, such as ETH-USDT or BTC-USDT, where:

  • the asset on the left is the base currency (what you are buying or selling)

  • the asset on the right is the quote currency (what you are paying or receiving)

Example: trading ETH-USDT means you are exchanging ETH and USDT. If you buy, you spend USDT to receive ETH. If you sell, you spend ETH to receive USDT.

How Spot Trading Works on Yellow.pro

Yellow.pro uses an order book model — when you place an order, it is matched against other traders' orders. When a spot order fills:

  1. Your balance updates immediately on the platform after execution.

  2. You can continue trading with your updated balance right away.

  3. No on-chain transaction occurs for each trade. Assets only move on-chain when you deposit or withdraw.

This means trading is fast and efficient — every trade settles internally, and blockchain fees only apply at deposit and withdrawal.

What You Can Trade

Yellow.pro offers a variety of spot markets, browsable in the markets list on the left panel of the trading interface. Each market has its own parameters:

  • Tick size — the smallest price increment allowed

  • Step size — the smallest quantity increment allowed

  • Minimum order size or value — the smallest trade you can place

  • Fee rate — the cost of executing a trade

Spot vs Perpetual Trading

Spot
Perpetual

What you trade

Actual assets

Contracts

Leverage

No

Yes

You own the asset

Yes

No

Risk

Limited to your balance

Can exceed your balance

Best for

Buying/holding crypto

Speculative or hedging strategies

If you are new to trading, spot is the recommended starting point. Perpetual trading involves additional complexity and risk.

Related Articles

PreviousOverviewNextHow to Place a Spot Trade

Last updated

Was this helpful?