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How to trade on huobi global trading platform?

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2024-08-08 12:07:00875browse

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.

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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

  • Market order: Execute immediately at the current market price.
  • Limit Order: Executed at a specified price or better.
  • Stop loss order: Executed when the price reaches the specified stop loss price.
  • 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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