Placing a spot order: a pre-trade checklist with BYDFi examples

Buying or selling a token on a spot market looks simple: pick a pair, enter an amount, confirm. A few choices made before that last tap decide how the order actually behaves. This checklist walks through them, using the spot tools on BYDFi, a cryptocurrency exchange founded in 2020, as examples. It explains how things work; it does not suggest what to trade.