What’s the process for setting up and trading on a spot exchange?

[Michalsteve]

Spot trading is indeed the simplest entry point into crypto! It allows you to buy and sell assets at real-time market prices, giving you immediate ownership without the complexity or amplified risk of leverage.

Here’s the simple process:

Select an Exchange: Choose a reputable, secure platform.
Set Up Account: Register and complete the Know Your Customer (KYC) verification process.
Fund Your Account: Deposit fiat currency or transfer crypto.
Trade: Navigate to the spot market, select your preferred trading pair (e.g., ADA/USDT), and execute a Market or Limit order.

Spot trading is perfect for beginners who want transparency and control. Many modern exchanges built with reliable backend expertise from Beleaf Technologies provide smooth, safe, and intuitive trading environments.

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