Roxom Spot trading allows buyers and sellers to exchange one cryptocurrency for another at the current market price.

For example, in the AAPL/BTC trading pair, the price indicates how much BTC you need to pay to buy 1 AAPL stock, or how much BTC you'll receive by selling 1 AAPL stock.

Spot Trading and Derivatives Trading have distinct differences in the crypto and traditional financial markets. In Spot Trading, traders must own the underlying asset. It involves buying and selling assets—such as cryptocurrencies, stocks, ETFs, bonds, or even other cryptos—at the current market price. In Spot Trading, the buyer and seller exchange the quoted asset and the base asset immediately.

Conversely, Derivatives Trading is a form of trading where the parties agree to buy or sell an asset at a predetermined price on a future date. In this market, traders don’t directly trade the actual asset but instead speculate on its price. They can go long if they expect an increase in value or go short if they anticipate a decrease. While no physical assets are exchanged in Derivatives Trading, traders are still required to hold a margin, which depends on the leverage used, to cover potential losses.

Spot Trading and Margin Trading are both trading methods used in the Spot market, but they operate differently. Spot Trading refers to the direct buying and selling of assets—such as cryptocurrencies, stocks, ETFs, bonds, or other financial instruments—where the exchange happens immediately at the current market price.

On the other hand, Margin Trading allows traders to borrow funds to buy or sell more assets than they could with their own capital. This leverage amplifies both profits and losses, as it increases the quantity of assets that can be bought or shorted. However, traders must pay interest on the borrowed funds in Margin Trading, and the required margin depends on the leverage used.

In trading, a Maker is a trader who places an order at a set quantity and price into the order book, where it waits to be matched with another order. This action increases the market depth by adding liquidity, as it provides more options for other traders to execute their trades.

A Taker, on the other hand, is a trader whose order is executed immediately against an existing order in the order book. This decreases the market depth, as it removes liquidity by matching and filling orders already placed by other traders.

Currently, the Spot Market supports two types of orders: Market Order and Limit Order. However, additional order types, such as Conditional Orders and TP/SL (Take Profit/Stop Loss) Orders, will be available in the future as the platform continues to expand its offerings.