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Matcha Exchange Trading Tutorial

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2024-08-20 19:35:01622browse

Trading on the Matcha Exchange is divided into 5 steps: register an account, deposit money, select a trading pair, place an order, and complete the transaction. Transaction types include: market orders, limit orders, stop-profit and stop-loss orders, and leverage transactions.

Matcha Exchange Trading Tutorial

Matcha Exchange Trading Guide

How to trade?

Trading on Matcha Exchange involves the following steps:

  1. Register an account: Visit the official website of Matcha Exchange and click the "Register" button to create an account.
  2. Deposit: Deposit funds into your Matcha account, supporting legal currency deposits and digital currency transfers.
  3. Select a trading pair: Find the currency pair you want to trade, such as BTC/USDT.
  4. Place an order: Select the order type (market order, limit order, etc.) and transaction quantity.
  5. Complete the transaction: Review the order details and click the "Place Order" button after confirmation.

Trade Types

Matcha Exchange provides a variety of trade types:

  • Market Order: Execute trades immediately at the current market price.
  • Limit order: Execute a trade when the market price reaches the specified price.
  • Take profit and stop loss order: Trigger a transaction when the market price reaches the specified target or stop loss price.
  • Leverage trading: Using borrowed funds to magnify trading profits, but it will also increase risks.

Detailed explanation of trading steps

1. Register an account

Register an account through the official website of Matcha Exchange. You need to provide basic information such as email or mobile phone number, password, etc.

2. Deposit

  • Legal currency deposit: Supports multiple legal currency channels, such as bank cards, Alipay, etc.
  • Digital Currency Transfers: Transfer supported digital currencies from external wallets or other exchanges.

3. Select the trading pair

Select the currency pair you want to trade on the trading page, for example, to buy Bitcoin, select the BTC/USDT trading pair.

4. Place an order

  • Order type: Select market order or limit order. Market orders are executed immediately, while limit orders are triggered at the specified price.
  • Trade Quantity: Enter the amount of digital currency you want to trade, or select the position size via the slider.

5. Complete the transaction

Review the order details, including transaction quantity, price and other information, and click the "Place Order" button after confirming it is correct.

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