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Polonix Exchange Trading Tutorial and Installation Method

Hannah Marie Garcia

Sep 28, 2024 pm 03:23 PM

Bitcoincryptocurrencymobile applicationusdtexchangePolonic Exchange

Step-by-step guide to trading cryptocurrencies on Polonix: 1. Register an account; 2. Enable two-factor authentication; 3. Deposit funds; 4. Start trading (buy/sell coins using the trading window). Trading fees are based on trading volume and order type, and trading is limited to Polonix's website.

Polonix Exchange Trading Tutorial and Installation Method

Polonix Exchange Trading Tutorial

Getting Started

Polonix Nix is a US-based cryptocurrency exchange known for its low trading fees and wide range of token trading pairs. Here is a step-by-step guide to trading Poloniex:

1. Register an account:

Visit Poloniex.com and click the "Sign Up" button .
Enter your email address, password and referral code (if applicable).
Read and agree to the Terms of Service.

2. Enable two-factor authentication:

Enabling 2FA for your account is a crucial security step.
Scan the QR code using Google Authenticator or other 2FA app.
Enter the code generated from the application.

3. Deposit funds:

Click "Funds" in the menu bar.
Select "Deposit" and select the cryptocurrency you wish to deposit.
Generate a deposit address and copy it to your cryptocurrency wallet.
Send your funds to this address.

4. Start trading:

Select "Trade" in the menu bar.
Enter the token pair you want to trade (e.g. BTC/USDT) in the "Trading Pair" field.
You will see a chart and several trading windows.

Trade Window

Purchase:

Enter the number of tokens you want to buy.
Select the order type (e.g. limit or market order).
Click the "Buy" button.

Sell:

Enter the number of tokens you want to sell.
Select the order type.
Click the "Sell" button.

Fees

Polonix trading fees are based on trading volume. The percentage of fees you pay depends on your trading volume and the type of order you use.

About how to install Polonix Exchange

Polonix Exchange does not have a desktop or mobile app. All transactions can only be done through its website.

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