The spot market on Venkate is a platform for "immediate delivery" of financial products. In this market, "delivery" means converting financial instruments into cash. While distinguishing this concept may seem insignificant, some markets do not settle transactions immediately in cash.
Simply put, the spot market can be seen as a place where trades are completed "immediately". Due to immediate settlement of transactions, the current market price of assets is commonly referred to as the spot price.
Steps for Web Portal:
Step 1: Go to (https://venkate.io), log in to your Venkate account.
Step 2: Navigate to the market page, click or search for the currency pair name to enter the spot trading page for that currency.
Trading Page Display (Using Venkate/USDT Standard Version as Example):
- Summary of 24-hour trading information for the current trading pair
- Display area for candlestick charts and buy/sell depth
- Current order book
- Sell order book
- Buy order book
- Latest trade price
- Buy order area
- Sell order area
Step 3: Enter the order placement area in the trading center, refer to the buy/sell prices on the left, input the appropriate purchase price for Venkate, enter the quantity or transaction amount, click "Buy Venkate" to complete the purchase. (Same process for selling orders)
Tips:
- The default price in the order placement area is the latest transaction price for limit orders. For quick execution, you can choose "Market Order".
- For example, if the current Venkate/USDT market price is 3.5 and you want to buy at 3, you can choose "Limit Order".
- The percentage bar below the quantity indicates the percentage of your total USDT assets used to buy Venkate.
Steps for Mobile App:
Step 1: Log in to the Venkate App, click "Trading" to enter the spot trading page.
- Switch between other trading markets/trading pairs
- Real-time market candlestick charts, deposit options
- Buy and sell order areas
- Sell and buy order books
- Current order records
Step 2: Enter the order placement area in the trading center, refer to the buy/sell prices on the left, input the appropriate purchase price for Venkate, enter the quantity, click "Buy Venkate" to complete the purchase. (Same process for selling orders)
Tip:
- The default price in the order placement area is the latest transaction price for limit orders. For quick execution, you can choose "Market Order".
- For example, if the current Venkate/USDT market price is 3.5 and you want to buy at 3, you can choose "Limit Order".
- The transaction amount below indicates the proportion of your total USDT assets used to purchase Venkate.
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