How to trade on BitMart exchange?

To trade on BitMart Exchange, you need to create an account, complete KYC verification and make a deposit. When buying cryptocurrency, you select a trading pair, place a limit order, and wait for execution; when selling cryptocurrency, the process is similar. In addition, BitMart also provides other trading functions such as stop loss orders, take profit orders, market orders, and OTC.

BitMart Exchange Trading Tutorial

How to start trading on BitMart Exchange?

To start trading on BitMart exchange, you need to follow the following steps:

1. Create an account: Visit the official BitMart website (www.bitmart.com) and create an account.
2. Complete KYC Verification: In order to comply with compliance requirements, you need to complete the identity verification process (KYC).
3. Deposit: Deposit funds into your BitMart account, either via fiat channel or cryptocurrency transfer.

How to buy cryptocurrency?

1. Choose the cryptocurrency you want to buy: Select the cryptocurrency you want to purchase, either Bitcoin (BTC) or Ethereum (ETH).
2. Select Trading Pair: Select the trading pair you want to use, such as BTC/USDT or ETH/USDT. This means you will be using USDT to purchase cryptocurrencies.
3. Place a limit order: Enter the price you are willing to buy cryptocurrency for and click "Buy".
4. Waiting for execution: When the market price reaches or falls below your limit price, your order will be executed.

How to sell cryptocurrency?

1. Choose the cryptocurrency you want to sell: Select the cryptocurrency you want to sell such as BTC or ETH.
2. Select Trading Pair: Select the trading pair you want to use, such as BTC/USDT or ETH/USDT. This means you will be selling cryptocurrency using USDT.
3. Place a limit order: Enter the price you are willing to sell your cryptocurrency for and click "Sell".
4. Waiting for Execution: When the market price reaches or exceeds your limit price, your order will be executed.

Other Trading Features:

In addition to basic trading, BitMart also offers other trading features:

• Stop Loss Order: Used to automatically sell your cryptocurrency when the price drops to limit losses.
• Take Profit Order: Used to automatically sell your cryptocurrency to take profits when the price increases.
• Market Order: Executes the order immediately at the current market price.
• Over-the-Counter (OTC): For large-volume trades, bypassing regular exchange order books.

Tip:

• Always do your research and understand the risks before making a trade.
• Secure your account with two-factor authentication (2FA) enabled.
• Be careful with your investments and don’t invest money you cannot afford to lose.

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