IBIT Spot Trading Guide – IBIT

IBITTERS,

IBIT Spot Trading brings you the best cryptocurrency trading and investment experience, helping you to realize cryptocurrency trading, storage, investment, and other functions.

Here is the tutorial for spot trading on IBIT:

Deposit

You can deposit USDT or other cryptocurrencies from another wallet or platform to your IBIT account.
Note: Double-check the deposit address, token contract address, and mainnet to avoid losing your assets.

Transfer

Before trading, transfer USDT or other cryptocurrencies to your unified trading account. Funds in the fund account are not eligible for trading.

Choose a Spot Trading Pair

Go to the spot trading section and select the cryptocurrency pair you want to trade.
You can also view price trends and related information on this page.

Buy

IBIT supports USDT pairs. Use USDT to purchase other cryptocurrencies.

Select your trading pair and click "Buy."
Choose an order type: limit, market, or target order.
Enter the price/amount.
Click "Buy" or wait for the order to be filled.

Sell

If you hold cryptocurrencies other than USDT, you can sell them to receive USDT.

Select your trading pair and click "Sell."
Choose an order type: limit, market, or plan order.
Enter the price/amount.
Click "Sell" or wait for the order to be filled.

Take Profit/Stop Loss

Buy:

Take-Profit: If the price rises and hits your target, the order is executed at the limit/market price to secure profits.
Stop-Loss: If the price drops and hits your stop-loss target, the order is executed to minimize losses.

Sell:

Take-Profit: If the price drops and hits your target, the order is executed to buy back at a lower price, increasing your holdings.
Stop-Loss: If the price rises and hits your stop-loss target, the order is executed to limit potential losses.

View Your Assets

You can view your asset holdings on the specific trading page or in the unified trading or funding accounts. IBIT offers a highly secure wallet for storing your cryptocurrencies with fast deposit and withdrawal services.

Withdrawal

After purchasing digital assets on IBIT, you can withdraw them to another wallet or platform. A fee will be charged for the Gas cost on the blockchain.

Note: Double-check the withdrawal address, token contract address, and mainnet to avoid any errors.

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