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How to Trade Spot on BYDFi? (PC)

BYDFi

2025-12-01 · Updated

Trading cryptocurrency on BYDFi’s Spot market is simple and efficient. Whether you are a beginner or an experienced trader, this step-by-step guide will help you execute trades, manage orders, and optimize your Spot trading experience on BYDFi.


How to Trade Spot via BYDFi Website

1. Access the Spot Trading Platform

  • Log in to your BYDFi account on your PC.
  • Navigate to the top menu and click “Trade” → “Spot Trading”.
  • You will be redirected to the Spot trading interface.

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2. Select the Cryptocurrency to Trade

  • Browse the list of available trading pairs, or use the search bar to find the cryptocurrency you want to trade.
  • Click on your desired pair to load its trading chart and order panel.

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3. Choose Buy or Sell

  • Decide whether you want to Buy or Sell the selected cryptocurrency.
  • Click the corresponding tab to proceed.

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4. Select the Order Type

BYDFi offers multiple order types to match your trading strategy:

  • Limit Order: Buy or sell at a specific price you set. Ideal for precise entry or exit points.
  • Market Order: Buy or sell immediately at the current market price, ensuring fast execution.
  • Stop Limit Order: Set a stop price that triggers a limit order once reached. Useful for managing risk or locking in profits.
  • Stop Market Order: Set a stop price that triggers a market order once reached. Ensures execution without worrying about the exact limit price.
  • OCO (One Cancels the Other): Combine two orders (a stop and a limit). If one order is executed, the other is automatically canceled. Perfect for advanced risk management and profit-taking strategies.

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5. Manage Your Orders

  • Limit Orders: Any orders not yet executed will appear under the Open Orders section. You can manually cancel them by clicking Cancel.

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  • Completed Orders: All executed trades are recorded under Trade History for easy tracking and review.

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Important Notes for Spot Trading on BYDFi

  • The minimum trading amount is approximately 10 USDT.
  • Ensure your Spot wallet has sufficient balance before placing an order.
  • You can deposit funds from an external wallet or transfer from another BYDFi wallet to fund your trades.

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