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How to buy and sell coins on MEXC exchange?

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2024-08-20 19:19:02730browse

Buy and sell cryptocurrencies through the MEXC exchange: register an account and top up with fiat currency. Select a trading pair and place a buy order. View your balance and select a trading pair to sell cryptocurrencies. Place the order and confirm the sale. Note for newbies: Learn about cryptocurrencies and become familiar with the platform. Set up security measures and understand fraud risks. Diversify your investments and stop losses promptly.

How to buy and sell coins on MEXC exchange?

MEXC Exchange Guide to Buying and Selling Coins

Buy Cryptocurrency

  1. Register and Verify Account: Go to the MEXC website or download the app and complete the registration and authentication process.
  2. Recharge fiat currency: Supports a variety of fiat currency recharge methods, such as bank cards, Alipay, WeChat, etc. Select the desired fiat currency and enter the deposit amount.
  3. Select Trading Pair: Select the cryptocurrency you want to buy, such as BTC/USDT or ETH/USDT.
  4. Place an order: Select the "Buy" tab, enter the purchase quantity or amount, and select the order type (limit order, market order).
  5. Confirm payment: View order details and confirm fiat payment information.

Sell Cryptocurrency

  1. Check Balance: Make sure you have the cryptocurrency you want to sell in your account.
  2. Select Trading Pair: Select the cryptocurrency you want to sell, such as BTC/USDT or ETH/USDT.
  3. Place an order: Select the "Sell" tab, enter the sale quantity or amount, and select the order type (limit order, market order).
  4. Confirm Sell: View order details and confirm cryptocurrency sale information.

Note for Newbies

  • Understand Cryptocurrency: Before buying or selling a cryptocurrency, it is crucial to understand its fundamentals and market dynamics.
  • Familiar with the trading platform: MEXC Exchange provides a variety of trading tools and functions, and familiarity with the use of the platform can help optimize the trading experience.
  • Set up security measures: Enable two-factor authentication, set strong passwords and keep personal information safe to protect your account security.
  • Beware of Scams: Be wary of phishing and scams, and never reveal sensitive information or private keys to strangers.
  • Diversification: Don’t invest all your money in a single cryptocurrency, diversification reduces risk.
  • Stop loss in time: Set stop loss orders to automatically sell your assets when the market reverses, limiting potential losses.

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