How to trade spot pairs on Bybit
Spot trading is one of the primary ways many people first engage with the crypto market. Most beginning traders start their crypto journeys through the spot market, often using simple market orders — direct and immediate swapping of one crypto asset for another. Experienced crypto veterans also engage in spot trading, albeit with more advanced orders for strategic execution.
Bybit, one of the world’s leading centralized exchanges (CEXs), offers an intuitive trading platform designed for both beginners and experienced traders, providing a wide variety of additional order types.
A particularly useful feature of Bybit’s Spot market is the ability to use established stablecoins, particularly Tether (USDT), for many of the trades, ensuring stability and liquidity. Bybit offers a vast selection of spot trading pairs with major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Ripple (XRP) and other altcoins. Users can use USDT, USDC, USDe and other stablecoins to trade spot.
In this article, we’ll cover everything related to crypto spot trading, and spot opportunities on Bybit. Whether you’re a beginner looking to swap USDT for BTC instantly or a seasoned pro searching for profitable spot opportunities, this article is for you.
Key Takeaways: