Spot order placement, limit vs market orders and fee rules with step-by-step answers to master OKX spot trading.
Go to the assets page and transfer your funding account balance to the spot trading account to ensure sufficient funds.
Tap "Trade" on the OKX home page to enter the spot area, then browse or search for a target pair like BTC/USDT.
Check real-time candlesticks, latest price, order book and depth chart to decide when to buy or sell.
Choose a limit or market order. Limit orders require a price, while market orders fill immediately at the best price.
For limit orders, enter the desired price and quantity. For market orders, enter the quantity. Confirm the total and fee.
Click buy or sell to submit. Market orders fill instantly; limit orders enter the order book. Review positions and history after execution.
A limit order specifies an execution price and only fills when the market reaches or betters that price, giving price control.
A market order does not specify a price and fills immediately at the best available price, prioritizing speed over price.
Limit orders give precise price control, suitable for patient traders seeking an ideal entry, though they may not fill if the price never reaches.
Market orders fill quickly, suitable for volatile markets requiring fast entry or exit, though the fill price may slip.
Use limit orders for price precision and market orders for speed, optionally combining with take-profit and stop-loss tools.
Limit orders can be cancelled before execution. Market orders enter positions after filling, with all records available in history.
OKX spot trading charges a percentage of the trade amount, varying by user tier, coin and maker/taker status.
Maker (passive) and taker (active) orders usually have different rates, with makers typically enjoying lower fees.
Check your current tier's fee rate on the OKX fee schedule page or in the order interface. Rates adjust with your trading volume tier.
Fees equal the trade amount multiplied by the rate. For example, buying 1000 USDT of a coin at 0.1% results in a 1 USDT fee.
OKX occasionally offers fee discounts or OKB-based fee deductions. Follow official announcements for the latest offers.
After execution, check the actual fee in your bill and trade details to confirm it matches expectations, contacting support if needed.
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