Guides
Spot Markets
Learn how to trade spot markets.
Contents
Overview
Spot markets on LogX Network allow users to buy and sell tokens instantly at real-time market prices with on-chain transparency, security, and efficiency. Unlike derivatives, spot trading involves direct ownership of assets, making it ideal for long-term holding or active trading.
Many pre-market tokens transition to spot markets once they officially launch at TGE, providing a seamless trading experience for early investors.
How to Place Trades
- Open the App
- Select a Spot Market Trading Pair
- Choose Buy or Sell:
- Buy – Acquire the token for long-term holding or trading.
- Sell – Exit or take profits by selling your tokens.
- Enter Trade Amount
- Review Trade Summary:
- Available Balance – Check your available funds.
- Estimated Size – The total value of your trade.
- Max Slippage – Possible price impact based on market depth.
- Fees – Trading costs associated with the order.
- Confirm Trade
Manage Holdings
You can view your spot market holdings under the Assets tab, tracking real-time balances and market price movements.
Viewing Trade History
You can track completed spot trades under the Trade history tab, helping you monitor past activity and optimise future trades.