In spot trading, whether it’s
@BNB (Binance Coin) or any other asset, a “buyer” is simply the market participant who is purchasing the asset on the spot market—meaning they’re buying it for immediate settlement and ownership.
📌 What “Spot Buyer” Means
Spot trading is buying and selling an asset for immediate delivery (or very near immediate) — no derivatives, no futures contracts.
A spot buyer is someone who places an order to acquire
@BNB at the current market price or a specific price they choose.
📈 How a Spot Buyer Enters a Trade
There are two main ways a spot buyer can buy
@BNB 1. Market Order
The buyer pays the best available ask price right now.
Order executes instantly.
2. Limit Order
The buyer sets a target price they want to pay.
The order executes only if the market reaches that price.
🧠 Spot Buyer vs Seller
Spot Buyer Spot Seller
Acquires
@BNB Sells
#BNB Pays ask price (market) or target price (limit) Receives bid price
Pushes price up when demand is strong Can push price down when supply is high
🏷 What “Bid” and “Ask” Mean
Bid price: What buyers are willing to pay for
#BNB. Ask price: What sellers are willing to accept for
#BNb When a buyer’s bid meets a seller’s ask, the trade happens.
Example:
If someone places a bid at $300 and a seller is willing at $300, the trade executes and that buyer becomes a spot buyer of BNB.
If you want, I can explain how:
BNB spot trading works step-by-step on an exchange like Binance
Order book depth and price impact
How to read bid/ask spreads 📊 DYOR
@BNB #bnb $BNB