How to sell new coins when they are listed? New currency listing and selling tutorial

In the cryptocurrency market, a new coin listing refers to the first time a cryptocurrency is added to a cryptocurrency trading platform and investors can trade on the platform. This process usually involves listing a specific cryptocurrency. A new crypto asset has been launched on the currency trading platform, allowing users to buy, sell and trade through the platform. I gave a brief introduction to the listing of new coins. Maybe some people still don’t understand how to sell new coins when they are listed? To put it simply, it can be sold on the exchange where the currency is listed. For example, the new currency ACE can be sold on the Eureka exchange. The editor below will give you a detailed selling tutorial.

How to sell new coins when they are listed?

After the new currency is listed, it can be sold on the exchange where it is listed. For example, the new currency ACE can be sold on the European Exchange. The following is a tutorial for selling new coins:

1 , click here to open the official website of OKX Exchange, enter your email on the homepage, click "Register" and slide the slider to the right to complete the puzzle for verification, then enter the verification code received by email. The verification code is valid for 10 minutes.

2. Then enter your mobile phone number, click "Verify Now" and enter the six-digit verification code received by your mobile phone. The validity time is also 10 minutes

3. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

4 , creating a password needs to meet the conditions of 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ % and other conditions

5. Different levels of authentication can be carried out according to different needs (note: video authentication needs to be operated on the APP)

6. You need to have USDT before conducting transactions. , you can buy coins for transactions in C2C, select the appropriate merchant according to your needs, click "Buy", then pay according to the prompts and wait for the merchant to release the coins (if you do not receive the coins for a long time, you can contact customer service for processing)

7. Click "Transaction" - "Coin" on the homepage to enter the transaction page

8. Enter ACE in the search box , select the ACE/USDT trading pair, you can see the real-time market price of ACE

9. Enter the amount of ACE to buy, and click to buy ACE

Why do we need to lock positions when new coins are listed?

It is a common practice to lock up new coins when they are listed. The purpose is to manage market liquidity, prevent manipulation, stabilize prices, and protect the interests of projects and investors. The following are the main reasons for locking up 4 new coins on the market:

1. Liquidity management: Locking up can help manage market liquidity and prevent a large number of new coins from being sold quickly in the early stages of listing, causing the price to rise. Violent fluctuations. Through lock-up, project parties and trading platforms can gradually release new coins, which helps smooth market fluctuations.

2. Prevent manipulation: Locking positions can reduce the risk of market manipulation. If there is no lock-up mechanism, some malicious speculators may try to buy or sell large amounts of new coins in the early stages of listing, thereby affecting the market price. Hedging can slow down this behavior and provide a more stable environment for the market.

3. Protect projects and investors: Locking up positions helps protect the interests of project parties and investors. By gradually releasing new coins, the project team can better control the market supply and avoid oversupply that affects the value of the currency. At the same time, hedging also provides investors with a more predictable market environment and reduces the damage that extreme fluctuations may cause to investors.

4. Build confidence: Locking up positions can convey confidence in the long-term development of the project to market participants. By adopting a robust lock-up strategy, the project parties show that they are confident in the long-term success of the project, which helps attract more investors and community participants.

The listing of new coins is an important event in the digital asset market because it provides investors with new investment opportunities and provides more liquidity for digital asset projects. However, investors should be cautious when participating in new currency transactions and understand the background, risks and potential benefits of the project. At the same time, it is also crucial to choose a trusted and compliant trading platform for transactions. It should be noted that the listing of new currencies usually involves greater volatility and risk, and investors need to always pay attention to market trends.

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