ONUS has launched the beta version of Spot Trading, allowing users to buy and sell cryptocurrencies through an order book mechanism directly on the app. The beta is available for Business Partners and users with VIP level 3 and above.
*Please update the ONUS app to the 5.8.1 version to experience the beta.
The official launch for the entire community will be announced soon by the team.
1. Free Beta Experience
To gather user feedback and refine the product, ONUS offers a beta version of ONUS Spot for Business Partners, VIP level 3 customers, and other loyal users.
Early users can access the ONUS Spot Beta for free by:
- Depositing VNDC, USDT, or other assets into the Spot wallet for trading.
- Funds deposited are not deducted from the main balance.
- Balances in the Spot wallet (Beta) cannot be withdrawn to the main wallet.
Experience ONUS Spot now!
2. What is ONUS Spot?
ONUS Spot is a spot trading platform that enables users to buy and sell digital assets via an Orderbook mechanism, offering two types of orders: Market and Limit.
The Orderbook lists users’ buy and sell orders with specific prices and quantities. When you place a buy or sell order, it is added to the orderbook and matched with opposite orders to complete the trade. The Orderbook is publicly displayed, ensuring transparency and high liquidity.
- Market Order executes at the current market price when the order is placed.
- Limit Order executes when the market reaches the price you set.
3. How to Trade Spot on ONUS
3.1. Accessing Spot Trading
Step 1: Open the ONUS app. Select the Trade option at the bottom right corner of the screen.
Step 2: Choose the Spot tab.
3.2. Depositing and Withdrawing in the Spot Wallet
Step 1: On the ONUS Spot screen, select Assets.
Step 2: Choose Deposit/Withdraw.
Step 3: Select the asset you want to deposit or withdraw, enter the amount, and press confirm to complete.
3.3. Market Orders
With a Market Order, the transaction is executed instantly at the current market price.
Step 1: Select a trading pair, e.g: BTC/VNDC.
Step 2: Choose to Buy or Sell.
Step 3: Select Market Order and enter the desired amount.
Step 4: Review the information and click Place Order.
You can check your assets after the order is successfully executed in the Assets section.
3.4. Limit Orders
With a Limit Order, the transaction is executed when the market price reaches the price you set.
Step 1: Select a trading pair, e.g: BTC/VNDC.
Step 2: Choose to Buy or Sell.
Step 3: Select Limit Order, and enter the desired amount and price.
Step 4: Review the information and click Place Order.
Your order will be executed once the market reaches your set price. If it hasn’t been matched, it will remain in the Active orders list.
3.5. Checking Your Trading History on ONUS Spot
Step 1: On the main screen, select the history icon.
Step 2: Review your trading history (orders history, trades history, and balance changes) on ONUS Spot.
Step 3: Use the calendar icon to search for trading history within a specific time frame.
