Skip to main content
Spot is available on Mainnet and Testnet. Stop Loss and Take Profit orders are Testnet-Only.
Spot trading exchanges a base asset for a quote asset. Buying AULT/USDC spends USDC and receives AULT. Selling spends AULT and receives USDC.

​
Key rules

  1. Orders hold your funds. A buy holds the quote asset and a sell holds the base asset until the order fills or is canceled. Held funds cannot be used for another order.
  2. Market orders are sized differently. A market buy sets how much quote asset to spend. A market sell sets how much base asset to sell. Price protection and available liquidity can leave part of the order unfilled.
  3. More order types are available. Spot also supports scale orders, TWAP, and conditional orders (Testnet-Only). Spot TWAP size is set in the asset you pay. See Orderbook.
  4. Fees come out of what you receive. A buy receives the base asset minus fees. A sell receives the quote asset minus fees.
  5. A halt does not unwind funds. A market halt rejects new orders. It does not cancel existing orders, refund held funds, or reverse fills. Cancel any resting orders you no longer want.

​
Balances

Your balance shows free, used, and total. used is held by resting orders, so only free can fund a new order.