How to make money by buying and selling coins? An introduction to essential skills for buying and selling coins

php editor Apple introduces you the essential skills on how to make money by buying and selling coins. In the digital currency market, buying and selling coins is a common investment method. However, it is not easy to obtain stable profits in this market, and you need to master some key skills. This article will give you a detailed introduction to the skills of buying and selling coins, including choosing the right exchange, grasping market trends, and formulating reasonable investment strategies. By learning these techniques, you will be able to judge the market more accurately, increase the success rate of buying and selling coins, and achieve stable profits.

How to make money by buying and selling coins?

The method of buying and selling coins is very simple. It only takes a few steps to complete the transaction operation. After completing the transaction, you can withdraw the USDT obtained and convert it into actual income. The following are the specific steps of the BTC transaction liquidation process on the European exchange:

1. Click [Register] on the homepage of the European exchange to enter the page for registering an account, select [Mobile phone number], enter the mobile number, and click Just [Register].

#2. Enter your mobile phone number and click on the pattern to verify.

3. Fill in the mobile phone verification code.

4. Select your country/region of residence and click [Next].

5. Set a password that meets the requirements and click [Next] to complete the account creation.

6. Identity authentication, click on the avatar - [Identity Authentication] - [Personal Identity Authentication], and then authenticate.

7. Click [Transaction] - [Coin] in the navigation bar above.

8. Search for the currency abbreviation [BTC] and select the [BTC/USDT] trading pair.

9. Fill in the purchase amount and click [Buy BTC] to complete the purchase of BTC coins.

10. Fill in the selling quantity and click [Sell BTC] to complete the BTC coin transaction.

11. Click [Buy Coin]-[C2C Buy Coin]-[Sell], select USDT and CNY, and click [Sell] on the right You can cash out USDT.

Are there any fees for buying and selling coins?

European Exchange requires a handling fee to buy and sell coins. The European Exchange handling fee is 0.8%/0.1%, 0.08% is the pending order transaction fee, and 0.1% is the taker order transaction fee. The specific handling fee collection rules are as follows:

Handling fee calculation formula: Coin/margin transaction handling fee = handling rate × number of currencies bought or sold at the time of transaction.

Handling fee collection rules: Coin/margin transaction handling fee = handling rate × number of currencies purchased at the time of transaction.

Take the BTC/USDT currency as an example. Assume that the current price of BTC is 20,000 USDT; Trader A (fee level is Lvl1) buys 1 BTC with a market price order and is the taker when the transaction is completed. The procedures that need to be paid Fee = 0.1% 16USDT, you will receive 19,984USDT after the transaction.

Negative order fee return rules: currency/margin transaction fee = handling rate The current price of BTC is 20,000 USDT;

Trader A (fee level is VIP6) sells 1 BTC with a limit order, and is the pending order when the transaction is completed. The handling fee returned to Trader A = 0.002% × 1 =0.00002BTC;

Trader A buys 1 BTC with a limit order and is the pending order when the transaction is completed. The handling fee returned to Trader A = 0.002% × 1 × 20,000 = 0.4USDT.

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