Spot Trading on Flipster is a simple and effective way to buy and sell cryptocurrencies, giving you direct ownership of the assets. It’s designed to be beginner-friendly while offering features like zero trading fees and seamless transactions, and it supports multiple cryptocurrencies.
What is Spot Trading?
Spot Trading involves the immediate buying and selling of cryptocurrencies at their current market price. When you spot trade on Flipster, you directly own the crypto assets you buy, which you can hold, transfer, or trade again.
Learn more about Spot Trading: Crypto Spot Trading vs. Other Trading Types
Spot Trading Fees
Flipster takes pride in offering zero trading fees for all Spot Trading activities. This means you can trade without paying additional costs.
Learn how to spot trade on Flipster: How to Spot Trade on Flipster
Order Types in Spot Trading
Flipster offers two types of orders in Spot Trading to cater for different trading strategies: Market Orders, Trigger Orders, and Recurring Buy Orders. These options are designed to help the user to trade cryptocurrencies with maximum efficiency.
Learn more about order types in Spot Trading: Understanding Order Types in Spot Trading
How Does Cryptocurrency Spot Trading Work?
Spot trading on Flipster operates using trading pairs. A trading pair consists of two currencies:
- Base Currency: The asset you want to buy or sell (e.g. BTC).
- Quote Currency: The asset you use to measure the value of the base currency (e.g. USDT).
For example, in the BTCUSDT pair:
- BTC is the base currency (Bitcoin).
- USDT is the quoted currency (Tether).
- You need USDT to buy BTC or will receive USDT when selling BTC.
Explore our guide to cryptocurrency pairs: What Are Cryptocurrency Pairs?
Supported Trading Pairs on Flipster
Flipster currently supports the following popular trading pairs:
- BTCUSDT
- ETHUSDT
- XRPUSDT
- TRXUSDT
These trading pairs allow you to seamlessly exchange between top cryptocurrencies and a stablecoin. Flipster will also continue to add more trading pairs over time.
Why Choose Flipster for Spot Trading?
- Zero Fees: Maximize your trading potential without incurring extra costs.
- Simplicity: A user-friendly platform ideal for both beginners and seasoned traders.
- Direct Ownership: Gain complete control over the assets you trade.
- Diverse Pairs: Trade top cryptocurrencies with ease.
Whether you're a crypto enthusiast or just starting out, Flipster makes Spot Trading easy, cost-effective, and secure.