How does crypto trading work?

How Does Crypto Trading Work?

You open an account on an exchange, deposit INR or crypto, and place orders. A market order buys or sells at the best available price right away. A limit order sets a price; it fills only when the market reaches that price. The exchange matches your order with others (or with its own liquidity) and executes the trade. You pay a trading fee (maker or taker). Your balance updates after the trade. In India, gains from trading are taxable; keep records of every trade.