What is spot buying in crypto?

What Is Spot Buying in Crypto?

Spot buying means you buy crypto at the current market price and receive it right away (or as soon as the order fills). You pay the full amount and own the actual asset. It is the simplest form of buying: no leverage, no futures contract. When you "buy Bitcoin" on an exchange with INR, that is usually a spot buy. Spot is suitable for holding and for beginners. In India, gains from selling spot-bought crypto are taxable.