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Things newbies to Coin Exchange need to know

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WBOYOriginal
2024-08-22 12:55:021071browse

Purchase coins: Register, complete KYC, select the currency and payment method, enter the purchase amount, and click "Buy Now". Sell ​​coins: Select the currency pair, select the pending order type, enter the sale quantity and price (limit order), and click "Sell". Notes for newbies: Safety first, understand the market, set stop losses, invest in small amounts, do not chase ups and downs, and pay attention to transaction fees.

Things newbies to Coin Exchange need to know

Operation Guide for Buying and Selling Coins on Bige Exchange

How to buy Coin?

  1. Register a Bige account: Open the Bige exchange official website and click "Register" in the upper right corner.
  2. Complete KYC: To improve account security, identity verification needs to be completed.
  3. Select the fiat currency trading area: Click "Buy Coins" on the navigation bar and select the fiat currency trading area on the left.
  4. Select currency and payment method: Select the currency you want to buy and choose the payment method you want to use.
  5. Enter the purchase amount: Enter the quantity or amount of the currency you want to purchase.
  6. Click "Buy Now": The system will match the sell order for you, and your account will receive the purchased currency after the transaction is completed.

How to sell coins?

  1. Select the currency trading area: Click "Trade" on the navigation bar and select the currency trading area.
  2. Select currency pair: Select the currency you want to sell and the fiat currency you want to exchange.
  3. Select pending order type: You can choose limit order or market order.
  4. Enter the quantity and price to sell (limit order): If you choose a limit order, you need to enter the quantity of the currency you want to sell and your desired selling price.
  5. Click "Sell": The system will place your order on the market, and when a buy order matches your order, the transaction will be completed.

Things that newbies need to know

  • Safety first: Keep your account password and private key safe to avoid asset loss.
  • Understand the market: Before trading, it is important to understand the market dynamics and risks of the currency you want to trade.
  • Set a Stop Loss: A stop loss order can help you limit your losses if the price moves significantly.
  • Small investment: In the beginning, it is recommended to invest a small amount, and then increase the investment after you gradually become familiar with the market.
  • Don’t chase the rise and kill the fall: Avoid making impulsive trades when market sentiment is high or low.
  • Pay attention to transaction fees: Transaction fees on different exchanges vary, so you should understand the fees before trading.

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