Trading on Huobi Global requires the following steps: 1. Create an account, 2. Deposit, 3. Select a trading pair, 4. Place an order (market order, limit order, stop loss order, trailing stop loss order), 5. Fill in Order.
How to trade on Huobi Global
Step 1: Create an account
- Visit the Huobi Global website and click the "Register" button.
- Provide your email address or mobile number and set a password.
- Complete KYC verification to increase account security and transaction limits.
Step 2: Deposit
- Log in to your Huobi Global account.
- Click "Fund Management" > "Recharge".
- Choose a top-up method (cryptocurrency, fiat currency).
- Follow the on-screen instructions to top up.
Step 3: Select a trading pair
- In the trading interface, select the trading pair you want to trade (such as BTC/USDT).
- The first currency of a trading pair is called the base currency, and the second currency is called the quote currency.
Step 4: Place an order
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Market order: Execute immediately at the current market price.
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Limit Order: Executed at a specified price or better.
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Stop loss order: Executed when the price reaches the specified stop loss price.
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Trailing stop-loss order: A stop-loss order that automatically follows the price when the price moves in a favorable direction.
Step 5: Fill in the order
- In the order form, select the order type.
- Enter the transaction quantity or transaction amount.
- For limit orders, enter the limit price.
- Click the "Buy" or "Sell" button to execute the order.
Additional Tips
- Use stop-loss and take-profit orders to manage risk.
- Monitor market dynamics and follow trading pair charts.
- Before starting live trading, practice in a demo account first.
- Huobi Global provides detailed trading guides and support to help users trade smoothly.
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