What is Spot Margin Trading?

Note: Spot Margin Trading on Drift is coming soon.

Spot Margin Trading is the direct purchase or sale of an asset. The delivery of the assets is immediate and the transaction settles on-chain.

Once the spot trade has been confirmed, settlement will be instantaneous, and you will be able to see the increase or decrease in the asset immediately in your wallet.

For example:

• You have $1,500.00 of USDC
• You would like to purchase 50 SOL at the price of $30.00 USD per SOL

What can you do?

1. You can go on app.drift.trade
2. Select Spot Markets
3. Select the USDC / SOL market
4. Input 50 SOL, the cost in USDC will auto-fill
5. Confirm the trade of $1,500.00 USDC for 50 SOL
6. Confirm transaction on your Solana Wallet