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What is spot trading?

Spot trading is the act of directly purchasing or selling financial instruments and assets such as cryptocurrencies, forex, stocks, or bonds. As a spot trader, your goal is to gain profits from market fluctuations, either by buying low and selling high or by short selling high and existing the position when the price has decreased. Spot markets are also known as cash markets because traders make payments upfront, unlike with futures trading.

How spot trading differs from futures trading?

Spot traders make instant trades with almost immediate delivery. On the other hand, the futures market has contracts paid for at a future date.

What are the fees for spot trading on NAGAX?

One of the advantages of spot trading on NAGAX is low fees. We're aiming to offer you the lowest possible prices combined with the most versatile and user-friendly trading experience.

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NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.

The website is operated by NAGA X LTD which is authorised and regulated by the Cyprus Securities and Exchange Commission under Registration No. 009/23. The registered address of NAGA X LTD is Agias Zonis 11, 3027, Limassol, Cyprus.

Cryptocurrencies are known for their extreme price volatility. The value of cryptocurrencies can fluctuate significantly within short periods, which may result in substantial gains or losses. You should be prepared for the possibility of rapid and significant price movements.

Please carefully read the applicable Legal Documents and understand the risk warning before engaging in any cryptocurrency investments. Investing in cryptocurrencies carries inherent risks, and it is crucial that you fully comprehend the potential risks and rewards associated with such investments. We strongly advise consulting with a qualified financial advisor or conducting your own research before making any cryptocurrency investments. Only invest funds that you can afford to lose without significantly impacting your financial well-being.

Please note that this risk warning is provided for informational purposes only and should not be construed as financial or investment advice. The decision to invest in cryptocurrencies rests solely with you, and you should carefully evaluate your risk tolerance and financial situation before engaging in such investments.

Restricted regions: NAGA X LTD does not offer its services to USA, Canada, Cuba, Sudan, North Korea and other countries.