The spot market is the secondary market for property shares. Instead of waiting for a new property to be listed, you buy shares from another user who wants to sell, and you sell yours to whoever wants to buy — at a price the two of you agree on through the order book.
What you can do on the spot market:
Buy shares of a property that is already fully funded and generating rent.
Sell your shares at any moment, without waiting for the property to be sold.
Set your own price with a limit order, or trade immediately at the best available price.
Every trade is settled on-chain: the shares and the property tokens move between wallets in a single transaction, so neither side can receive one leg without the other. Your tokens stay in a wallet you control — see Your Wallet and Self-Custody.
Trading fees
Prices are quoted in USDT per share. Binaryx charges a trading fee based on which side of the trade you are on:
Maker: 2%. You are the maker when your order rests in the order book and someone else fills it, for example a limit order that waits for a counterparty.
Taker: 3%. You are the taker when you fill an order that is already in the book, for example a market order that executes immediately.
Placing a limit order and letting it wait is therefore cheaper than taking liquidity straight away. The network fee for the settlement transaction is separate and goes to the blockchain, not to Binaryx.
Before you start
The spot market is available to verified users only. You need to complete KYC verification and hold USDT to buy, or property shares to sell.
