How to trade spot

Buy and sell crypto on the Trade page: pick a pair like BTC/USDT, choose a market or limit order, check the estimated fee and place it.

Spot trading means buying or selling a coin outright at the current market price, using funds you already hold. On Trade Llama you trade spot on the Trade page: pick a pair such as BTC/USDT, choose an order type, enter an amount and place your order.

Spot trading concepts

Pairs: every market is a pair, like BTC/USDT. The first coin (BTC) is what you buy or sell. The second (USDT) is what you pay with or receive. The price is how much of the second coin one unit of the first costs.
Buy and sell: buying BTC/USDT spends USDT to get BTC. Selling does the opposite.
Your own funds only: margin (borrowing) on spot isn't offered, so you trade only what's in your account. Prices can still fall, and you can lose some or all of what you put in.
Fees: each order's estimated fee is shown in the order form before you place it. The full schedule is on the Fees page.

How to place a spot trade

Log in. New here? Sign up first.
Add funds: open Wallet, choose Deposit and pick a method, or buy a coin on Buy Crypto.
Open Trade and choose a pair, for example BTC/USDT.
Choose to buy or sell.
Choose an order type: market to trade straight away at the best available price, or limit to set your own price.
Enter the amount and check the estimated fee in the order form.
Place the order.

Your Dashboard shows recent activity, and Wallet keeps your transaction history.

Tools and features

Markets shows prices, with tabs such as Hot, Crypto and Gainers.
Convert swaps one coin for another at a quoted rate, without placing an order.
Buy Crypto lets you buy a coin with a card.
The Trade terminal also lists CFDs on forex, indices, commodities and stocks. Those work differently. See Trade forex, indices, commodities and stocks (CFDs).

Not available yet

Spot margin trading, trading bots such as spot grid, spot copy trading and API trading aren't available yet.

Next steps

Learn when to use each order type in Order types: market and limit. Before you trade, read the Risk disclosure: crypto prices can move sharply.