Your questions answered

On XBO.com, you can buy, sell, and exchange the following cryptocurrencies:

Spot trading is buying and selling cryptocurrencies using different types of orders.

It is most suitable for those users who have some trading experience, can navigate different types of market orders, and are able to craft an effective trading strategy.

Spot trading is commonly used to make profits by buying crypto at a lower price and later selling it when the price grows. It can also be chosen to purchase crypto at the best price available.

When trading crypto on the spot market with XBO.com, you can choose from two types of orders:

Market orders

Buy and sell cryptocurrency at the best price currently available.

Limit orders

Set the minimum price you'd like to receive or the maximum price you're ready to pay.

To start spot trading on XBO.com, follow this link.

XBO.com has the following trading fees:

Conversion

0% (all costs are included in the quoted prices).

Spot trading

Your spot trading fees depend on your loyalty tier. Users with a trading volume of more than $0 per 30 days pay the following fees:

On XBO.com, you can buy and sell crypto using:

• USD
• EUR
• GBP

You can also deposit other currencies into your account. When depositing, you will be asked to convert them into one of the three currencies mentioned above.

Please keep in mind that the balance displayed on your wallet's main screen is the USD equivalent. To learn the exact amount of each currency in your account, click All or Fiat and check the list displayed.

Use our Exchange feature.

To open a spot order on XBO.com, follow these steps:

1. Tap on Trade at the bottom of the app. You'll see a list of currency pairs. Select the one you want.
2. On the next page, tap on Order.
3. Choose whether you want to open a market order or a limit order. To do this, check for the drop-down list below the Sell option and select the type of order you need.
4. Your next actions depend on the type of order you've selected.

Market order

To buy:

• Choose the Buy option in the middle of the screen.
• Enter the amount of crypto you want to buy in the Receive
• Check how much it will cost in the Spend
• Tap Buy at the bottom of the screen.

To sell:

• Choose the Sell option in the middle of the screen.
• Enter the amount of crypto you want to sell in the Spend.
• Check how much you can sell it for in the Receive.
• Tap Sell at the bottom of the screen.

Your market order will be executed immediately.

Limit order

To buy:

• Choose the Buy option in the middle of the screen.
• Enter the amount of crypto you want to buy in the Receive.
• Check for the market price in the Spend.
• Set the limit price you're ready to pay in the Price.
• Tap Buy at the bottom of the screen.

To sell:

• Choose the Sell option in the middle of the screen.
• Enter the amount of crypto you want to sell in the Spend.
• Check for the market price in the Receive.
• Set the limit price you want the get for your crypto in the Price.
• Tap Sell at the bottom of the screen.

Your limit order will be executed when there is a seller/buyer ready to close the deal on your terms or when the crypto's market price reaches the limit you've set.

There are three types of spot orders you can open on XBO.com platform.

Market order - allows you to buy and sell cryptocurrency at the best price currently available.

Limit order - enables you to set the minimum price you're willing to receive, or the maximum price you're ready to pay.

Stop order - allows you to set a specific price level at which, once reached, an order will be executed immediately.

On XBO.com, the minimum size of the buying order is determined by the amount of currency you spend on the deal.

To clarify, every time you open a spot order to buy crypto on XBO.com, you can see two main fields:

• Receive - the amount of crypto you buy.
• Spend - the amount of crypto/fiat you will pay.

For an order to be opened, the number in the Spend field should not be less than 0.0001, regardless of the currency.

For example:

If you want to buy ADA for USDT, you should choose ADA/USDT from the list of currency pairs available for trading. Then, you'll be redirected to an order page with ADA as the currency you receive and USDT as the currency you spend.

To open an order, you must spend at least 0.0001 USDT to buy an equivalent amount of ADA.

The time it takes for an order to be executed depends exclusively on the type of order you're completing.

Market orders, including all transactions you make using Buy or Exchange features, execute immediately.

Limit and Stop orders are executed once the market price of the selected asset reaches your pre-set preferences.