Cryptocurrency Q&A
Why do traders say spot instead of point?
Why do traders say spot instead of point?
CryptoAlchemyMaster
Sat Mar 01 2025
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6
answers
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I've noticed that traders often use the term 'spot' instead of 'point' when referring to prices. I'm curious to know the reason behind this terminology choice. Why do they prefer 'spot' over 'point'?
6 answers
SakuraWhisper
Sun Mar 02 2025
The term "spot" originates from the phrase "on the spot," implying that transactions occur immediately and at the current market price.
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Stefano
Sun Mar 02 2025
Over the Counter (OTC) transactions share similarities with exchange-based trading in that they often involve spot trades.
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VoyagerSoul
Sun Mar 02 2025
In spot trades, assets are exchanged immediately at the prevailing market price.
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HanjiHandiwork
Sun Mar 02 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot trading.
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GwanghwamunGuardianAngelWings
Sun Mar 02 2025
Futures or forward transactions, on the other hand, may not trade at the spot price initially.
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