Spot trading on Binance is the process of buying or selling cryptocurrencies instantly at current market prices. Here's a step-by-step method to do spot trading:

How to Spot Trade on Binance:

1. Log In / Create an Account

Visit Binance.com or use the Binance app.

Log in or create a new account with verification.

2. Deposit Funds

Go to Wallet > Fiat and Spot.

Deposit crypto or fiat (like USD) via bank transfer, card, or P2P.

3. Navigate to Spot Trading

Click on Trade > Spot from the top menu.

Choose either Classic (simpler interface) or Advanced.

4. Select a Trading Pair

Search for the pair (e.g., BTC/USDT, ETH/BUSD).

This shows the current price, chart, and order book.

5. Choose Order Type

Market Order: Buy/sell instantly at the best price.

Limit Order: Set your price; the order fills only when the market hits it.

Stop-Limit or OCO (One Cancels the Other): More advanced controls.

6. Enter Amount

Set how much you want to buy or sell.

Confirm the total and check for fees.

7. Place the Order

Click Buy or Sell to execute.

Market orders fill instantly; limit orders stay open until matched.

8. Check Status

View orders in Open Orders or Order History.

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