Spot trading refers to buying and selling cryptocurrencies for immediate delivery on the Bitwyre exchange. When you place a spot trade, the transaction is settled instantly at the current market price (or "spot price").

What is spot trading?

You can view your spot trading history in the History section. Here, you can see all orders that have been filled, canceled, and those that are still open.
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How do I view my spot trading history?

Bitwyre offers spot trading for some of the most popular coins available include Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), and many others.

What cryptocurrencies can I trade on Bitwyre's spot market?

Yes, each trading pair has a minimum order size, which is the smallest amount that can be traded. There is no maximum order size, but your order may be partially filled depending on market liquidity.

Is there a minimum or maximum trade size?

A maker is a trader who places an order that goes on the order book partially or fully, such as a limit order. Makers add liquidity to the market. A taker places an order that is immediately matched with an existing order on the book, thereby taking liquidity. Maker orders usually have lower fees than taker orders.

What is the difference between a maker and a taker?

Spot trades on Bitwyre are settled nearly instantly after your order is filled. The traded cryptocurrency will be immediately credited to or debited from your Bitwyre account balance.

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