#SpotTrading.
Spot trading allows users to buy and sell cryptocurrencies at real-time market prices. To ensure stability, protect traders, and facilitate fair execution of trades, exchanges implement a set of structured rules. These rules define how orders are placed, executed, and settled, benefiting both market makers and takers.
The main components of Binance Spot Trading rules, including:
Supported order types and their behaviour.
Trading filters and constraints (price, quantity, notional value, etc.).
Precision rules and rounding guidelines.
Self-trade prevention (STP) modes.
A practical example of placing a compliant limit order.
Understanding these aspects is crucial for optimising trading strategies and ensuring all actions comply with exchange requirements.