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Homeweb3.0How to trade on Biying Exchange? Biying Exchange Trading Tutorial

How to trade on Biying Exchange? Biying Exchange Trading Tutorial

Aug 16, 2024 pm 05:16 PM
Bitcoincryptocurrencyusdtexchange

To trade on Biying Exchange, you need to create an account, recharge, select a trading pair, select an order type, enter transaction parameters, and finally submit an order.

How to trade on Biying Exchange? Biying Exchange Trading Tutorial

Biying Exchange Trading Tutorial

How to trade?

Trading on Biying Exchange includes the following steps:

  • Create an account: on Biying Register on the official website and complete KYC verification.
  • Deposit assets: Deposit funds into your account via fiat gateway or cryptocurrency transfer.
  • Select trading pair: In the trading interface, select the currency pair you want to trade (such as BTC/USDT).
  • Select order type: Select order types such as limit order, market order or stop loss order according to your trading strategy.
  • Enter transaction parameters: Specify the quantity, price and order type you want to trade.
  • Submit your order: Check your transaction details and click the "Confirm" button to submit your order.

Detailed tutorial

1. Create an account

  • Visit Biying official website and click "Register".
  • Follow the prompts to fill in your email address, password and referral code (if any).
  • Verify your identity via email or text message.
  • Complete KYC verification to increase your transaction limit.

2. Recharge assets

  • Log in to your Biwin account and enter the "Finance" menu.
  • Click "Recharge" and select the currency you want to recharge.
  • Follow the on-screen instructions to top up.

3. Select a trading pair

  • In the trading interface, select from the "Trading Pair" list The currency pair you want to trade.
  • For example, to trade Bitcoin, select the BTC/USDT trading pair.

4. Select order type

  • Limit order: allowed You specify the price at which you are willing to trade. The order will be executed at that price or better.
  • Market order: Execute your order immediately at the current market price.
  • Stop loss order: Execute your order when the price reaches the stop loss price you set.

5. Enter the transaction parameters

  • Specify the quantity you want to trade (in base currency) .
  • Enter the price you are willing to trade (limit order) or enter no price (market order).
  • Select the order type (limit order, market order or stop loss order).

6. Submit order

  • Check your transaction details to make sure they are correct.
  • Click the "Confirm" button to submit your order.

Your order will be added to the order book and will be executed when your trading conditions are met. You can track the status of your order in the Orders menu.

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