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How to sell Bitcoin trading in Ouyi

Aug 01, 2024 pm 07:31 PM
Bitcoinmobile applicationusdtTether

Steps to sell Bitcoin on Oyi: Transfer to the spot account and select BTC/USDT. Enter the selling quantity for the trading pair and select the order type (market order or limit order). Click the "Sell" button to confirm the transaction (receive the equivalent USDT )

How to sell Bitcoin trading in Ouyi

How to sell Bitcoin trading on Oyi

Steps to sell:

  1. Log in to Oyi account: Visit Oyi official website or log in using the mobile app.
  2. Transfer to spot account: Transfer the Bitcoins you hold from your wallet to your spot account.
  3. Select the BTC/USDT trading pair on the spot trading page: BTC/USDT represents the trading pair of Bitcoin and Tether.
  4. Enter Sell Amount: Enter the amount of Bitcoin you want to sell.
  5. Choose order type: Usually use market order (quick execution) or limit order (specified execution price).
  6. Click the "Sell" button: Confirm the order details and click the "Sell" button.
  7. Confirm the transaction: The transaction will be executed immediately and you will receive the equivalent USDT.

Detailed Instructions:

  • Transfer to spot account: Since Bitcoin trading takes place in the spot market, you need to transfer your Bitcoin from the wallet to the spot account first.
  • Choose a trading pair: BTC/USDT trading pair is the most common Bitcoin trading pair, you can use USDT to buy or sell Bitcoin.
  • Order Type:

    • Market Order: Execute the trade immediately at the current market price, but slippage (the difference between the executed price and the expected price) may occur.
    • Limit Order: Specify the price you want Bitcoin to be traded at, but it may take longer.
  • Confirm Transaction: Before clicking the "Sell" button, please double check the order details to ensure the quantity and price are correct.

Note:

  • Make sure your Oyi account has passed the authentication and security settings.
  • Understand the risks of Bitcoin trading and operate with caution.
  • Check real-time market conditions before trading and choose the best time to sell.

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