# How to Trade Spot on Monday Trade

### Order Types

Monday Trade supports the following order types:<br>

* **Market Order**: Buy or sell an asset instantly at the best available market price. Ideal for quick trades when timing is key.<br>
* **Limit Order**: Set a specific price to buy or sell an asset. The order only executes if the market reaches your chosen price (or better). Note: The price is guaranteed, but the order may not fill if the market doesn’t hit your target.&#x20;

### Place a Market Trade

{% stepper %}
{% step %}
In the **search bar** on the dapp UI and select the trading pair you want to trade (e.g. MON/USDC).

<div align="left"><figure><img src="/files/X253OGxZu6AUj2brF1tc" alt="" width="338"><figcaption></figcaption></figure></div>

{% hint style="info" %}
*Your wallet must have enough tokens for the trade and MON for gas.*
{% endhint %}
{% endstep %}

{% step %}
On the **trading panel,** select either Buy or Sell direction.

<div align="left"><figure><img src="/files/3jR7XJyZAxWUgLMjZguV" alt="" width="364"><figcaption></figcaption></figure></div>

{% endstep %}

{% step %}
Select **Market**.

{% endstep %}

{% step %}
(Optional) Click the **settings icon** in the trading panel’s top-right corner to adjust:

1. **Slippage tolerance:** The maximum price change you’re willing to accept.
2. **Transaction deadline:** The time limit for the trade to execute.

<div align="left"><figure><img src="/files/Uolp7uRUA02XfdDR0Hk5" alt="" width="362"><figcaption></figcaption></figure></div>
{% endstep %}

{% step %}
In the trading panel, enter Trade Value (the amount of tokens to **pay),** and **t**he amount of tokens to receive will automatically update.

<div align="left"><figure><img src="/files/7HJVEHq9Y67zU9Scz0dH" alt="" width="364"><figcaption></figcaption></figure></div>
{% endstep %}

{% step %}
If trading a token for the first time, click **Approve \[Token Symbol]** **to continue**, then confirm in your wallet.

{% endstep %}

{% step %}
Review the trade details in the wallet pop-up. If correct, click **Confirm**.

{% endstep %}

{% step %}
Approve the transaction in your wallet when prompted.

{% endstep %}
{% endstepper %}

Done! Your trade is complete. To view the transaction, click the transaction hash to check it on the Monad Explorer.

### Limit Order

To place a limit trade on Monday Trade:

{% stepper %}
{% step %}
In the **search bar** on the dapp UI, select the trading pair you want to trade (e.g. WMON/USDC).

{% hint style="info" %}
*Ensure your wallet has enough tokens for the trade and MON for gas.*
{% endhint %}
{% endstep %}

{% step %}
On the **trading panel**, select either Buy or Sell direction.

{% endstep %}

{% step %}
(Optional) Click the **settings icon** in the trading panel’s top-right corner to adjust:

**a. Slippage tolerance**

**b. Transaction deadline**
{% endstep %}

{% step %}
In the trading panel:

a. Enter the **price** (in the quote asset) at which you want to buy or sell.

b. Enter the amount of tokens to **pay,** and **t**he amount of tokens to receive will automatically update.

<div align="left"><figure><img src="/files/9BuNqQYZGH3IspeGvioq" alt="" width="364"><figcaption></figcaption></figure></div>
{% endstep %}

{% step %}
If trading a token for the first time, click **Approve \[Token Symbol]** to approve it, then confirm in your wallet.

{% endstep %}

{% step %}
Review the trade details in the pop-up window. If correct, click **Confirm.**

{% endstep %}

{% step %}
Approve the transaction in your wallet when prompted.

{% endstep %}

{% step %}
After the trade executes, go to the **Open Orders** section at the bottom of the page to **claim** your swapped tokens.
{% endstep %}
{% endstepper %}

Done! Your limit order is placed. To view the transaction, click the transaction hash to check it on the Monad Explorer.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.monday.trade/spot-trading/how-to-trade-spot-on-monday-trade.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.