Definition ∞ Deliverable Spot Trading involves the immediate exchange of an asset for another at the current market price, with the actual underlying assets being transferred between parties. In the context of digital assets, this means direct ownership of the cryptocurrency is transferred from seller to buyer shortly after the trade is executed. This contrasts with derivatives trading, where only contracts representing asset value are exchanged. It represents a direct acquisition of the digital asset.
Context ∞ Deliverable Spot Trading is fundamental to the primary cryptocurrency markets and is often discussed in news relating to exchange volumes and liquidity. Regulatory bodies frequently differentiate between deliverable spot markets and other forms of digital asset trading when considering oversight. The direct transfer of assets carries implications for custody, settlement, and compliance. Understanding this trading type is essential for assessing genuine market activity and asset ownership within the digital economy.