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How to start trading
Trading on an exchange allows you to earn money on fluctuations of cryptocurrency exchange rates. You buy at one price and sell at a different price. This method works for both trading and long-term investment when you buy cryptocurrency at the current exchange rate and sell it after a certain period of time.
How to start trading on an exchange?
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Step 1
First, top up your wallet on the exchange.
1
To do this, click the 'Wallet' section and select the cryptocurrency you want to send to your account.
2
The 'Entry' screen will display your address for subsequent transfers. Transfer the relevant amount in cryptocurrency to this address.
3
After your transaction is approved the required number of times, the relevant amount is displayed on your account.
Step 2
Now you can start trading on the exchange. Go to the 'Exchange' section.
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Step 3
Create an order and specify the conditions you want. To do this:
1
Select the trading pair.
2
Create a buy/sell order. Please, bear in mind that you can buy/sell cryptocurrency instantaneously using the existing orders created by other users. To do this, select the price you want. If, however, you want to buy/sell cryptocurrency at a more favorable price, select the price you want and wait until other users respond to your order.
Step 4
When the transaction is complete, the relevant amount in cryptocurrency is displayed on your account + you receive a relevant notification. If your order is not completely closed, i. e. you only buy/sell a part of the cryptocurrency, you're notified of this development, and the remaining order amount continues to be traded automatically. In other words, the cryptocurrency in your order may be bought/sold in part.
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