Spot Rules
1.What is Spot ?
Spot is a commonly adopted method in financial markets characterized by immediate settlement—commonly described as "cash in one hand, goods in the other."
This model is widely used in the digital asset space. For example, investors can use USDT to buy and trade ZC options, Bitcoin (BTC), and other digital assets.
2.How to Conduct a Spot Trade
(1)Visit the official FissionX website(Go to Official Website) and navigate to the "Spot " page.
(2)Switch to the "Buy" tab, select an order from a listed seller, and click the "Buy Option" button.
(3)Carefully verify the order details. Once confirmed, click "Confirm Purchase" and enter your Security Password.
(4)Upon successful transaction, the purchased digital assets will be directly deposited into your account.
3.How to Sell Digital Assets
(1)Visit the official FissionX website(Go to Official Website)and navigate to the "Spot" page.
(2)Switch to the "Sell" tab, select an order from a buyer, and click the "Sell Option" button.
(3)Carefully verify the order details. Once confirmed, click "Confirm Sale" and enter your Security Password.
(4)Upon successful transaction, the digital assets you sold will be directly transferred to the buyer's account.
4.How to Post a Spot Order
(1)Visit the official FissionX website (Go to Official Website) and navigate to the "Spot " page.
(2)Click the "Post Order" button in the upper-right corner and choose whether to post a buy or sell order.
**Note: **Before posting, you must complete the security password setup as instructed.
**5.How Are ZC Option Fees Charged in Spot **
During spot of digital assets:Buyers are charged a fee based on the value of the purchased asset, which is deducted in the form of digital assets.Sellers are charged a fee based on the value of the sold asset, which is deducted in currency form.The specific trading fee for each asset is displayed on the transaction confirmation page.
Example:If User A buys 100 ZC options worth 10 USDT from User B in a spot trade, and both the buy and sell fee rates are 10%:User A will actually receive 90 ZC options.User B will receive 9 USDT.
6.Are There Time Limits for Posting Spot Orders
There are no time restrictions for posting orders in spot.
However, order postings may be terminated due to future updates or maintenance operations.
7.Are There Quantity Limits for Posting Spot Orders
There are no quantity restrictions on the number of orders you can post in spot.
Updated 6 months ago