Here I detail all the functions that can be observed in the image and their utility:
Top Section (General Information and Navigation):
* Convert / Spot / Margin / Copy / Bots / Buy/Sell: These are the different trading sections or tools offered by Binance. You are currently in "Spot."
* PEPE/USDT: Shows the selected trading pair, in this case, PEPE against USDT (Tether).
* -1.15%: Indicates the percentage change in the price of PEPE in the last 24 hours.
* Price Chart: Shows the price evolution of PEPE/USDT over time.
* Time Intervals (1s, 1m, 3m, 5m, 15m, 30m, 1h, 2h, 4h, 6h, 8h, 12h): Allow you to change the granularity of the chart to see the price in different time frames.
* Indicators (BOLL(20,2)): Shows that the Bollinger Bands indicator is being used, which helps identify volatility and possible overbought/oversold levels.
* Price Lines: Show the current price, the offer price (Offer), and the demand price (Demand). Support and resistance lines (red and green lines) are also visible.
* Volume (top right): Indicates the trading volume in the PEPE/USDT pair.
* "Offer" and "Demand": Show the current offer price (the highest price a buyer is willing to pay) and the demand (the lowest price a seller is willing to accept).
Central Section (Conduct Operations):
* Buy / Sell: Tabs to choose whether you want to buy or sell the asset (PEPE in this case). You are on the "Buy" tab.
* Limit Order: Type of order selected. In the Binance spot market, common types of orders are:
* Limit Order: Allows you to set a specific price at which you want to buy or sell. The order will only be executed when the market price reaches that price.
* Price (USDT): Field to enter the price at which you wish to buy. Currently, it is at $0.00001032.
* Quantity (PEPE): Field to enter the amount of PEPE you wish to buy.
* Total (USDT): Calculates the total cost in USDT based on the price and quantity entered.
* Market Order: Allows you to buy or sell immediately at the best available market price. A price cannot be specified.
* Stop-Limit Order: A conditional order that is activated when the price reaches a "stop price" and then is executed as a limit order.
* OCO (One-Cancels-the-Other): Combines a limit order and a stop-limit order. If one is executed, the other is canceled.
* Fund Availability:
* 0 USDT: Shows the amount of USDT available in your spot wallet for purchase.
* 0 PEPE: Shows the amount of PEPE you own.
* Maximum Purchase: Indicates the maximum amount of PEPE you could buy with your available USDT.
* Est. Fee (Estimated Fee): Shows the fee that will be charged for the transaction.
* Buy PEPE: Button to confirm the purchase order.
Right Section (Order Book and Recent Trades):
* Sell Prices (in red): Shows pending sell orders, i.e., the prices at which sellers are willing to sell PEPE and the amount of PEPE available at that price. The numbers on the right (e.g., 17.13B, 17.59B) represent the total amount in USDT being offered at that price.
* Buy Prices (in green): Shows pending buy orders, i.e., the prices at which buyers are willing to buy PEPE and the amount of PEPE they wish to buy at that price. The numbers on the right (e.g., 24.34B, 36.54B) represent the total amount in USDT being requested at that price.
* "COLS $0.04210356": This is likely the equivalent value in Colombian Pesos (COP) of the current price of PEPE.
Bottom Section (Important Information and Orders):
* High Volatility Notice: An important warning about the token's volatility and the recommendation to "Do Your Own Research" (DYOR).
* Pending (0): Shows the number of buy or sell orders you have active and waiting to be executed.
* Holdings (5): Shows the number of different cryptocurrencies you own in your spot wallet.
In summary, the "Spot" section on Binance is your operations center for buying and selling cryptocurrencies directly in the spot market, using the tools and information I have detailed. It is not a "foundation" in the sense of an organization, but the name of the type of trading market.