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--- wiki:how_to_earn [2026/01/02 01:29] – deathrequiem
+++ wiki:how_to_earn [2026/01/02 01:45] (current) – deathrequiem
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-  * **Buying and Trading with other players**
+  * **Buying and Trading Joules with other players**
     * If obtaining Digital Miners and receiving automatic payouts, or participating in Alcor Liquidity Pools/Farms is not your thing, don't worry. You can simply collect Joules and list them in our Auction House at market price, or above market price for higher profit but longer sell time, or under market price for slightly lower profit but much faster sell time. Joules will only be sell-able for Satoshi.
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-  * **Alcor Exchange - Liquidity Pools/Positions**
+  * **Alcor Decentralized Exchange - Liquidity Pools/Positions and Spot Market**
-On Alcor Exchange, a multi-chain DEX (Decentralized Exchange) primarily known for its presence on the **WAX**, **EOS**, and **Telos** blockchains, liquidity pools and farms are the primary ways for users to earn passive income.
+On Alcor Exchange, a multi-chain DEX (Decentralized Exchange) primarily known for its presence on the **WAX**, **EOS**, and **Telos** blockchains, liquidity pools and farms as well as the Spot Market are the primary ways for users to earn passive income.
+  *
+  * **Alcor Exchange Spot Market**
+The **Alcor Exchange Spot Market** is a key feature of the Alcor DEX, a decentralized exchange operating on Antelope-based blockchains (formerly EOSIO) like WAX, EOS, Telos, and Proton.
+Unlike a "Swap" (which uses an Automated Market Maker/Liquidity Pool), the Spot Market utilizes a traditional Order Book system. This allows for a trading experience similar to centralized exchanges like Binance or Coinbase, but with full decentralization.
+  *
+  * **Key Features of the Spot Market**
+    * **Order Book System**: You can view the depth of the market (bids and asks) and place specific **Limit Orders** (buying/selling at a price you choose) or **Market Orders** (buying/selling instantly at the current price).
+    * **Self-Listing & Permissionless**: One of Alcor’s most famous traits is that any developer can list a token for free. This makes the spot market the primary home for many "small-cap" gaming tokens and community projects that aren't available on larger exchanges.
+    * **Non-Custodial**: You trade directly from your wallet (like Cloud Wallet, Anchor, or Wombat). Alcor never takes possession of your funds; the trade is executed via a smart contract.
+    * **Zero to Low Fees**: Alcor is known for having **0% trading fees** on many of its spot markets, though this can vary depending on the specific blockchain and market pair.
+The Alcor Spot Market is often the best place to find the best price for your earned tokens. It allows you to "fish" for a better price by leaving a limit order open, rather than settling for the immediate (and sometimes lower) rate offered by a swap pool.
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