LocalTrade CEX is a platform that allows users to trade various cryptocurrencies. There are spot and margin trading available on CEX. By using those instruments, users can trade BTC, ETH, USDT and 100+ other trading pairs.
Enjoy other benefits of LocalTrade CEX:
LTT, USDT and BUSD stakings with up to 48% APR
UI friendly for newbies
Low trading fees
Regular listings
Free crypto transfer between LocalTrade users
Spot Trading:
Spot Trading allows users to trade various crypto assets on the exchange using our interface or API. There are more than 100 trading pairs on LocalTrade, and this number expands with each listing.
Margin Trading:
Users can leverage their positions using Margin Trading. It enables up to 3 leverage and allows users to trade borrowed assets, opening positions larger than their available balance.
ℹ️The margin trading is available for BTC/USDT and ETH/USDT trading pairs
Express exchange
It’s the easiest way to trade crypto. You must select a currency you want to sell and an asset you want to receive back. The operation will be done in seconds, with the lowest spread and fees.
4 Types of orders:
There are four types of orders available on LocalTrade exchange for better trading – Limit and Market orders which are best for everyday investors. Also, we have Stop-Limit, and OCO (One-cancels-the-other) orders for advanced traders.
Market order
A market order is an order to buy or sell at the best available price immediately. It needs liquidity to be filled, meaning it is executed based on the limit orders already placed on the order book.
It's best if you buy assets for a long-term hold or need to complete buy or sell operation ASAP
Limit order
A limit order is an order with a specific buy or sell price. To place a limit order, you need to set a maximum or minimum price you’re willing to buy or sell an asset.
Once you place the order it is placed in the order book, and it will be executed once the asset reaches a specific market price.
Stop-limit
Stop-limit order combines a stop trigger and a limit order. The stop order adds a trigger price for the exchange to place your limit order.
Once you set a stop-limit order and the trigger price is reached, a limit order will be placed automatically, even if you are logged out or offline.
OCO
An OCO, or “One Cancels the Other” order allows you to place two orders at the same time. It combines a limit order with a stop-limit order, but only one of the two can be executed.
This means that once one of two orders is executed – the second order will be cancelled automatically.
Staking:
Staking is a way of earning rewards for keeping digital assets at the cryptocurrency exchange to provide additional operational capacity and increased liquidity. You can stake LTT, USDT or BUSD and receive up to 48% APR in LTT on LocalTrade CEX
Current staking profitability:
USDT – 36% APR
BUSD – 36% APR
LTT – 48% APR
Staking rewards are paid in LTT tokens and can be claimed daily. Read more about staking on LocalTrade