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Spot Market or also called Limit Order, is the process of buying or selling digital currency at a price determined by the user
Instant Market is the process of buying/selling crypto assets in a flash/instant using the best price from the Order Book, in becoming a Market Taker.
Unconfirmed, or not confirmed, indicates that the transaction has not been entered into the blockchain and there is still a possibility of a cancellation in the transaction.
Confirmation is basically the verification or final proof of something. This is something that essentially provides evidence that something is true.
Proof-of-Work (PoW) is a method used for Bitcoin mining. As the name suggests, this method requires effort like data processing and decoding to mine a Block.
An order book is an electronic documentation of the buying and selling of assets on a trading platform such as a cryptocurrency exchange.
Crypto assets trading can be considered a high-risk activity, where crypto assets prices are volatile, and can swing wildly, from day to day. Please do your own research (DYOR) before making the decision to invest in, or to sell crypto assets. INDODAX is not soliciting for users to buy or sell crypto assets as an investment or for profit. All crypto assets trading decisions should be made independently by the user.
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