Fast Virtual Currency Trading: A 3-Minute Guide to Spot Exchange

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What Is OKX’s Spot Exchange Feature?

OKX’s Spot Exchange feature enables users to quickly swap between cryptocurrencies like BTC, ETH, USDT, and OKB. Most tokens on the platform support this function—check the Digital Assets List for full details.

Unlike order-book trading, Spot Exchange uses counter quoting with zero fees and no slippage. However, the exchange rate may differ slightly from the spot market price due to real-time pricing. Here’s how it works:

  1. The user requests a quote.
  2. The counter provides a competitive rate based on market conditions.
  3. If accepted, the trade executes instantly.

👉 Start trading now

How to Use Spot Exchange (Web Version)

Step 1:

Navigate to 「Trade」 > 「Spot Exchange」.

This guide helps users locate and utilize the Spot Exchange feature efficiently, ensuring seamless virtual currency swaps for improved trading productivity.

Step 2:

Converted assets auto-transfer to your funding account. Track orders via 「Order Center」.

How to Use Spot Exchange (App Version)

Access 「Trade」 > 「Spot Exchange」 in the OKX app. The process mirrors the web version.

👉 Download the OKX app

Key Notes:

  1. Swapped assets appear in 「Funding Account」.
  2. Market volatility may cause rate discrepancies. Trades cancel if the received amount falls below the minimum guaranteed.
  3. Tokens used as margin in trading accounts require caution.
  4. Contact support for assistance.

FAQs

1. Is Spot Exchange free?

Yes! No fees or slippage—just a slight rate difference from the spot market.

2. How fast are swaps processed?

Trades execute instantly upon confirmation.

3. Where can I view my transaction history?

Go to 「Order Center」 under 「Assets」.

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Disclaimer:
This article is for informational purposes only. Cryptocurrency trading involves high risk. Consult a financial advisor before making decisions.

© 2025 OKX. Licensed for non-commercial use with attribution.

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