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How to trade currencies on OuYi platform

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2024-08-01 19:22:02461browse

Steps for currency trading on the OuYi platform: Register an account and top up funds. Select a trading pair and place a limit or market order. Confirm the order details and click to place an order. View order status and track progress on the order page. Study market risks and manage funds, adjusting orders as appropriate.

How to trade currencies on OuYi platform

How to use the OuYi platform to trade currencies

Step 1: Register an account

  • Visit the OuYi official website (https://www.okx.com/) and click the "Register" button.
  • Enter your email or mobile number, set a password and complete identity verification.

Step 2: Recharge funds

  • Log in to your OUYi account and click on the "Assets" menu.
  • Select the currency you want to top up and follow the on-screen instructions.
  • You can choose from a variety of top-up methods, including bank transfer, credit/debit card and cryptocurrency.

Step 3: Select Trading Pair

  • Go to the Trading page and select the trading pair you want to trade.
  • A trading pair is the two currencies you want to trade, such as BTC/USDT.

Step 4: Place your order

  • On the trading pairs page, you will see two order books: buy order and sell order.
  • Limit Order: Allows you to specify a specific price to buy or sell.
  • Market Order: Buy or sell immediately at the current market price.
  • Select your order type and enter the transaction quantity.

Step 5: Confirm Order

  • Check your order details carefully, including price, quantity and transaction type.
  • Click the "Place Order" button to confirm the transaction.

Step 6: Check Order

  • You can track the status of your order on the "Orders" page.
  • Your order will appear as "Completed", "Partially Completed" or "Cancelled".

Tip:

  • Before making a trade, always do your research and understand the risks involved.
  • Manage your money according to your risk tolerance.
  • Use limit orders for better price control.
  • Monitor market prices and adjust your orders as needed.

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