# Spot Trading on Arkham Exchange

Spot trading allows you to buy and sell the actual underlying asset, such as Bitcoin, Ethereum, or Solana. Unlike perpetuals, spot trading means you own the cryptocurrency directly, rather than trading a contract tied to its price.

### Accessing Spot Markets

* Click Markets or Trade on the top bar.
* Select Spot Trading.
* Choose the asset you want to trade (e.g. BTC/USDT).

<figure><img src="/files/DZrE0N4ae0KLgxejebvD" alt=""><figcaption></figcaption></figure>

###  Trading Interface

The Spot trading page is divided into several sections:

* Price Chart – Displays price movements over time. Time frames (1m, 1h, 1d, etc.) and technical indicators can be applied for analysis.
* Top Bar Metrics – Shows real-time data including current price, 24h change, high, low, and trading volume.
* Buy/Sell Panel – Where orders are placed:
* Limit Order: Set a specific price to buy or sell.
* Market Order: Execute immediately at the current market price.
* Stop Loss: Optional feature to automatically sell if the price falls to a set level.
* Confirm by clicking Buy or Sell for the chosen asset.
* Order Book – Displays current buy (green) and sell (red) orders with price levels and sizes, providing a view of market depth.
* Recent Trades – A live feed of the latest completed transactions.

### Account Information&#x20;

The lower section of the page provides details about your account and trading activity:

* Open Orders: Active spot trades not yet executed.
* Trade History: Record of completed spot trades.
* Wallet Balances: Shows available balances in USDT and traded assets. Balances update automatically as trades are executed.

### Key Takeaways

* Spot trading means direct ownership of the asset (BTC, ETH, SOL, etc.).
* Use Limit for precise entries or Market for immediate execution.
* Order Book and Recent Trades provide a view of supply and demand in real time.
* Wallet balances update automatically after every trade.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://codex.arkm.com/the-arkham-exchange/spot-trading-on-arkham-exchange.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.