How do I open a trade on the Spot Exchange?

This information comes directly from Nexo's help center

The Nexo Pro Spot Exchange offers traders the ability to benefit from capital appreciation as the value of their assets increases over time. Assets are directly transferred between market participants. When you acquire assets through the Spot, their ownership is handed to you, which enables you to further trade with them.

To perform a trade on the Spot Exchange:

  1. Select a trading pair.
  2. Select either the โ€˜Buyโ€™ or the โ€˜Sellโ€™ option from the panel, located on the right side of the trading screen, depending on whether you want to buy or sell the Base asset.
  3. Choose between the following order types: ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ, ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜ ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ, ๐—ฆ๐˜๐—ผ๐—ฝ ๐—Ÿ๐—ผ๐˜€๐˜€ / ๐—ง๐—ฎ๐—ธ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ and ๐—ง๐—ช๐—”๐—ฃ.
  4. Enter the amount you wish to trade and other required information depending on the order type. Market and Limit orders, as well as Stop Loss / Take Profit can be quickly placed by using one of the buttons dubbed 25%, 50%, 75%, and 100% to swap a percentage of your Base asset balance. These buttons are located right above the โ€˜Buyโ€™/โ€˜Sellโ€™ button.
Source: How do I open a trade on the Spot Exchange?
August 23, 2022
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