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How to buy and sell coins on CoinEx exchange?

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2024-08-21 15:53:01792browse

How to buy and sell currencies on CoinEx exchange? Steps to buy coins: Register an account, select currency, select transaction method, enter amount/quantity, and complete payment. Steps to sell coins: Select the currency, enter the quantity/amount, create a sell order, wait for the buyer to purchase, and transfer the transaction funds to the account.

How to buy and sell coins on CoinEx exchange?

Buy and sell coins on CoinEx exchange

Steps to buy coins:

  1. Register and log in to your CoinEx account.
  2. Click "Buy Coin" at the top of the page and select the currency you want to buy.
  3. Select the transaction method (fiat currency transaction or C2C transaction).
  4. Enter the purchase amount or quantity and confirm the transaction details.
  5. Follow the prompts to complete the payment.

Steps to sell coins:

  1. Click "Sell Coins" at the top of the page and select the currency you want to sell.
  2. Enter the quantity or amount to sell and confirm the transaction details.
  3. Create a sell order, set the price and quantity, and wait for buyers to buy.
  4. Once the sell order is completed, the transaction funds will be transferred to your account.

Things that newbies need to know:

  • Choose a regular platform: Choose an exchange with good reputation and guaranteed fund safety.
  • Understand the currency: Understand the basic information and price trends of the currency before buying or selling.
  • Set security measures: Enable security measures such as two-factor verification and fund passwords to protect your account security.
  • Pay attention to handling fees: Exchanges usually charge transaction fees, so understand them in advance before trading.
  • Trade with caution: Avoid chasing ups and downs, and invest rationally based on market conditions.
  • Don’t borrow money to invest: Use leverage carefully and don’t invest too much money in borrowing money.
  • Stop loss in time: Set a stop loss point and stop loss in time when the loss reaches a certain level to avoid greater losses.
  • Seek professional advice: For large investments or complex transactions, it is recommended to seek advice from a financial professional.

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