By creating a Bitbank account, transferring U coins, creating a sell order, waiting for the transaction, and withdrawing profits, you can make a profit by selling U coins on the Bitbank exchange.
How to make profit by selling U coins on Bitbank exchange
It is very simple to make profit by selling U coins on Bitbank exchange. The specific steps are as follows:
1. Create a Bitbank account
- Visit the Bitbank website and register an account.
- Complete the verification process and top up your account.
2. Transfer U Coins to Bitbank
- Transfer U Coins to your Bitbank account from your external wallet or other exchange.
- Bitbank provides U coin deposit address.
3. Create a sell order
- Log in to your Bitbank account and go to the "Trading" page.
- Select the "U Coin/Japanese Yen" trading pair.
- Create a sell order, enter the number of U coins you want to sell and the expected price.
4. Waiting for the order to be filled
- If your asking price is attractive, your order will be filled soon.
- You can track the status of your order in the "Order History" page.
5. Withdraw Profit
- Once your order is filled, your Japanese Yen profits will be deposited into your Bitbank account.
- You can now withdraw your profits to your bank account or other wallet.
Tip:
- Please consider the market price and demand when creating a sell order.
- Set stop loss orders to limit your potential losses.
- Be aware of Bitbank’s transaction fees, which can affect your profits.
- Monitor your order status regularly and make adjustments if needed.
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