Bitcoin buying and selling transaction steps

Bitcoin buying and selling transaction steps: 1. Select a trading platform; 2. Register an account; 3. Recharge funds; 4. Buy and sell Bitcoin; 5. Withdraw Bitcoin.

Bitcoin buying and selling transaction steps

1. Select the trading platform

• center Decentralized exchanges (CEX): such as Binance, Huobi, OKX, Matcha
• Decentralized exchanges (DEX): such as Uniswap, PancakeSwap, SushiSwap
• Over-the-counter (OTC) : Such as LocalBitcoins, Paxful
• Bitcoin ATM machine

2. Register an account

• Trading in CEX requires registering an account and For identity verification
• DEX does not need to register an account, but you need to connect the wallet

3. Recharge funds

• Will legal currency or other Deposit cryptocurrency into the trading account

4. Buy and sell Bitcoin

• Select the amount and price of Bitcoin to buy or sell
• Place an order and trade

5. Withdraw Bitcoin

• Withdraw Bitcoin to your wallet address

Here are some examples of specific trading steps:

Buy Bitcoin on CEX

1. Log in to your CEX account
2. Select "Trade"
3. Select the Bitcoin trading pair you want to buy, such as BTC/USDT
4. Enter the amount of Bitcoin you want to buy
5. Select the transaction type, such as market trading or limit trading
6. Click the "Buy" button
7. Confirm transaction

Buy Bitcoin on DEX

1. Connect wallet Go to DEX
2. Select the Bitcoin trading pair you want to buy, such as BTC/ETH
3. Enter the amount of Bitcoin you want to buy
4. Select the transaction type, such as market price or limit price Transaction
5. Click the "Exchange" button
6. Confirm transaction

Buy Bitcoin on OTC

1. Find the seller on the OTC platform
2. Negotiate the transaction price and payment method
3. Complete the payment
4. Receive Bitcoin

Use Bitcoin ATM machine to buy Bitcoin

1. Find the Bitcoin ATM machine
2. Select "Buy Bitcoin"
3. Insert bank card or Scan the QR code
4. Enter the amount of Bitcoin to be purchased
5. Confirm the transaction
6. Receive Bitcoin

Notes:

• Choose a regular trading platform
• Pay attention to transaction security
• Understand the Bitcoin market
• Rational investment

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