Coinstore spot trading provides users with the most fundamental yet efficient way to trade cryptocurrencies. This guide is designed to help beginners easily understand the trading methods and interface on Coinstore and quickly get started with actual trading.
If you are more familiar with spot trading on the website, please refer to the [Coinstore Spot Trading Guide (APP)] for more information.
1. Depositing Assets
To begin spot trading, you must first have assets in your Coinstore account. You can deposit cryptocurrencies by transferring them from an external wallet or exchange to your Coinstore deposit address.
1. On the website, click [Assets] at the top right.
2. Select [Deposit], then choose the cryptocurrency you want to deposit (e.g., USDT).
3. Select the network (e.g., TRC20, ERC20).
4. Copy the generated address and paste it in the withdrawal section of your external wallet or exchange.
5. Deposit confirmation may take several minutes to dozens of minutes depending on the blockchain network status.
* For detailed instructions, refer to [Coinstore Cryptocurrency Deposit (Web)] and [Coinstore Cryptocurrency Deposit (APP)].
2. How to Place Orders
Spot trading involves exchanging your held cryptocurrency for another based on the current market price. Coinstore supports various trading pairs (e.g., BTC/USDT, ETH/USDT).
1. On the website, click [Trade] – [Spot] on the top left.
2. Use the search bar at the top to select the coin or trading pair you want to trade.
3. Choose the order type: Limit or Market.
4. Select Buy or Sell and enter the amount.
5. Click [Buy] or [Sell] to complete the order.
3. Order Types
3.1 Limit Order
You specify the desired price, and the order is only filled when the market reaches that price.
Example: If you place a buy order for BTC at 60,000 USDT, it will only be executed once the price reaches 60,000 USDT.
3.2 Market Order
The order is filled immediately at the best available market price.
Example: Use this when you want to buy or sell instantly at the current rate.
4. Order History & Management
Coinstore provides full transparency for all your trading activities.
1. Check completed orders in the [Assets] menu.
2. Check or cancel open orders from the [Open Orders] section.
5. Fee Policy
Spot trading fees vary depending on the trading pair and user level. Generally, different rates apply to Maker and Taker orders.
- Maker: Orders that add liquidity to the market (e.g., limit orders).
- Taker: Orders that take existing liquidity (e.g., market orders).
* For detailed fee information by trading pair, please refer to the Fee Page.
Disclaimer: This information does not provide advice on investment, taxation, legal, financial, accounting, consultancy, or any other related services, nor is it advice to purchase, sell, or hold any assets. The Coinstore Learn provides information for reference purposes only and does not constitute any investment advice. Please ensure a thorough understanding of the risks involved and invest cautiously. All user investment activities are unrelated to this platform.