@spottrader
### What Are Spot Traders?
Spot traders are individuals, institutional investors, or entities who buy and sell financial assets, commodities, currencies, or cryptocurrencies on the spot market. The spot market is a financial market where assets are traded for immediate delivery and settlement, typically at the current market price (known as the spot price). Unlike futures or derivative traders, spot traders focus on transactions that occur "on the spot," meaning the exchange of assets and payment happens almost immediately or within a short settlement period (usually one or two business days, referred to as T+1 or T+2).