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How to buy and sell Bitcoin

Mar 14, 2024 pm 03:17 PM
Bitcoindigital currencyBinanceusdtexchangeHuobitrading platformEuroExchangebuy bitcoinusdt trading

Bitcoin buying and selling transactions can be carried out in the following ways:

1. Trading through exchanges

Select an exchange

Currently, there are Multiple Bitcoin exchanges, including Binance, Huobi, OKX, etc. When choosing an exchange, you need to consider the following factors:

  • Security of the exchange: Choose an exchange with high security to ensure the safety of your assets.

  • Exchange trading volume: Choose an exchange with large trading volume to improve trading efficiency.

  • Transaction rates of exchanges: Choose an exchange with low transaction rates to reduce transaction costs.

Register an account

After selecting an exchange, you need to register an account. When registering, you need to provide your name, email address, ID number and other information.

Recharge

After successful registration, you need to recharge funds to your trading account. Exchanges usually support multiple recharge methods, including bank cards, credit cards, digital currencies, etc.

Buy and sell transactions

After the recharge is successful, you can conduct Bitcoin buying and selling transactions. When trading, you need to select the transaction type, transaction price and transaction quantity.

2. Trading via Over-the-Counter (OTC)

OTC trading refers to Bitcoin trading through an intermediary. OTC traders usually offer better prices than exchanges, but trading involves certain liquidity risks.

3. Transaction through P2P trading platform

P2P trading platform refers to a platform that matches Bitcoin buyers and sellers. These platforms often offer escrow services to ensure transactions are conducted securely.

The tutorial for buying Bitcoin on Ouyi Exchange is as follows:

1. Open the official website of Ouyi OKX Exchange (investors without an account can click here to register an account for trading), select your mobile phone number Register and enter your mobile phone number to receive the blind box (registration using email requires mobile phone number verification, it is recommended to use mobile phone number to register)

2. Input the digital verification received by the mobile phone The verification code is valid within 10 minutes. Please fill in the

# in time. 3. Select the corresponding country/region according to your location

4. Users can set a password according to the prompts to ensure account security

5. After logging in to the account, find the "User Center" icon on the homepage and enter the identity Authentication page

#6. Different levels of authentication can be carried out according to different needs (note: video authentication needs to be operated on the APP)

6. Click "Trading" - "Basic Trading" on the homepage to enter the trading page

8. Enter BTC in the search box and select the BTC/USDT trading pair , you can see the real-time price of BTC

9. Enter the quantity of BTC to sell, and click Sell BTC to complete the selling operation

The above is the detailed content of How to buy and sell Bitcoin. For more information, please follow other related articles on the PHP Chinese website!

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