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    How to Get Started With Spot Trading
    bybit2024-04-19 19:46:07

    How to Trade on Spot
     

     

    How to Place an Order for Spot Trading

     

    For traders who are using the desktop web version, please head over to the Bybit homepage , and click on TradeSpot Trading on the navigation bar to enter the Spot Trading page. Traders can also access the Spot Trading page via the link below: 

     

    Mainnet trading page URL: https://www.bybit.nl/en-NL/trade/spot/BTC/USDT

    Testnet trading page URL:  https://testnet.bybit.nl/en-NL/trade/spot/BTC/USDT

     

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    For traders using Bybit’s app, click on Trade at the bottom right to enter the trading page.

     

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    Select Trading Pairs

    If you’re using the desktop web version, on the left side of the page you can see all trading pairs, as well as the Last Traded Price and 24-hour change percentage of the corresponding trading pairs. Use the search box to directly enter the trading pair you want to view.

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    If you’re using Bybit's mobile app, please click on the trading pair in the upper left corner to see a full list of trading pairs. Simply select the pair you want to trade.
     

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    Tip: Click on Add to Favorites to place frequently viewed trading pairs in the Favorites column. This feature allows you to easily select pairs for trading.

     

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    Place Your Order

    Bybit Spot trading provides you with four types of orders: Limit Orders, Market Orders, Conditional Orders and Take Profit/Stop Loss (TP/SL) Orders.

     

    Let’s take BTC/USDT as an example to see how to place different order types.

     

    Limit Orders

    1. Click on Buy or Sell

    2. Select Limit

    3. Enter the order price

    4.(a) Enter the quantity/value of BTC to buy/sell, or

       (b) Use the percentage bar

    If you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can (for example) choose 50% — that is, buy 5,000 USDT equivalent of BTC.

    5. Click on Buy BTC or Sell BTC

     

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    (On Desktop web version)
     

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    (On Mobile App)
     

    6. After confirming that the entered information is correct, click on Buy BTC or Sell BTC.

     

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    (On Desktop web version)
     

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    (On Mobile App)
     

    Your order has successfully been submitted. 

     

    For traders who use the web, please go to Current Orders Limit & Market Orders to view order details.
     

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    Traders using Bybit's app can view order details under Orders.
     

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    Market Orders

    1. Click on Buy or Sell

    2. Select Market

    3.(a) For Buy Orders: Enter the amount of USDT you’ve paid to buy BTC. For Sell Orders: Enter the amount of BTC you’ve sold to buy USDT.

    Or:

       (b) Use the percentage bar

    For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% to buy 5,000 USDT equivalent of BTC.

    4. Click on Buy BTC or Sell BTC.

     

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    (On Desktop web version)
     

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    (On Mobile App)

    5. After confirming that you’ve entered the correct information, click on Buy BTC or Sell BTC.
     

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    (On Desktop web version)
     

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    (On Mobile App)


    Your order has been filled.

     

    For traders who are using the desktop web version, please go to Trade History to view the order details.
     

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    Tip: You can view all completed orders under the Trade History.

     

    For traders using Bybit's mobile app, please click on All OrdersOrder History to view order details.

     

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    Conditional Orders

    1. Click on Buy or Sell

    2. Select Conditional from the TP/SL drop-down menu

    3. Enter the trigger price

    4. Choose to execute at Limit Price or Market Price 

    — Limit Price: Enter the order price

    — Market Price: No need to set the order price

    5. According to different order types:

    (a) Market Buy: Enter the amount of USDT you’ve paid to buy BTC

          Limit Buy: Enter the amount of BTC you want to buy

          Limit/Market Sell: Enter the amount of BTC you’ve sold to buy USDT

    Or:

    (b) Use the percentage bar

    For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you would choose 50% if you want to buy 5,000 USDT equivalent of BTC.

    6. Click on Buy BTC or Sell BTC

     

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    (On Desktop web version)
     

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    (On Mobile App)

     

    7. After confirming that you’ve entered the correct information, click on Buy BTC or Sell BTC.
     

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     (On Desktop web version)

     

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    (On Mobile App)
     

    Your order has been successfully submitted. Please note that no assets are being occupied until the Conditional order is successfully triggered.

     

    For traders using the desktop web version, please head to Current OrdersConditional Order to view order details.
     

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    For traders using Bybit's app, please click on All OrdersCurrent Orders to view order details.

     

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    TP/SL Orders

    1. Click on Buy or Sell

    2. Select TP/SL from the TP/SL drop-down menu

    3. Enter the trigger price

    4. Choose to execute at Limit Price or Market Price 

    — Limit Price: Enter the order price

    — Market Price: No need to set the order price

    5. According to different order types:

    (a) Market Buy: Enter the amount of USDT you’ve paid to buy BTC

          Limit Buy: Enter the amount of BTC you want to buy

          Limit/Market Sell: Enter the amount of BTC you’ve sold to buy USDT

    Or:

    (b) Use the percentage bar

    For example, if you want to buy BTC, and the available balance in your Spot Account is 10,000 USDT, you can choose 50% to buy 5,000 USDT equivalent to BTC.

    6. Click on Buy BTC or Sell BTC

     

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    (On Desktop web version)

     

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    (On Mobile App)

     

    7. After confirming that you’ve entered the correct information, click on Buy BTC or Sell BTC.
     

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     (On Desktop web version)

     

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    (On Mobile App)
     

    Your order has successfully been submitted. Please note that your asset will be occupied once your TP/SL order is placed. 

     

    For traders using the desktop web version, please head to Current OrdersTP/SL Order to view order details.
     

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    For traders using Bybit's app, please click on All OrdersTP/SL Order to view order details.
     

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    Note: Please make sure that you have sufficient funds in your Spot Account. If the funds are insufficient, traders who use the web can click on Deposit, Transfer, or Buy Coins under Assets to enter the asset page for deposit or transfer. For more deposit information, please refer here.

     

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