A spot trade or spot transaction, famously recognised in the forex world, refers to the purchase or sale of a currency, financial instrument or commodity for instant delivery on a specified spot date. In the crypto world, this would directly refer to the purchase or sale of a cryptocurrency between two parties, buying one token against selling another token at an agreed price for settlement.
What is spot trading?
Modified on: Thu, 14 May, 2020 at 11:16 PM
Did you find it helpful? Yes NoSend feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.