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Crypto Terms:  Letter S

What is Spot Market?

Meaning:
Spot Market - a public market where digital currencies can be bought and sold for immediate delivery.
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Let's find out Spot Market meaning, definition in crypto, what is Spot Market, and all other detailed facts.

Financial instruments such as commodities, currencies, and securities are traded on the spot market for quick delivery. It is the opposite of the futures market where the delivery is pushed to a later date.

The spot price is the current price of an asset. It's the price at which an asset can be bought or sold at the moment. By posting their purchase and sell orders, buyers and sellers establish the spot price. As orders are filled and new ones enter the market in liquid marketplaces, the spot price can change instantly.