Can Bitcoin be traded normally? Can Bitcoin really be sold?

Many people are attracted to participate because of the high value of Bitcoin, and due to the limited supply of Bitcoin, there is a situation where there is more money than enough. Can Bitcoin be traded normally? Controversy arose. At present, it seems that it can be traded normally. Investors can do it on cryptocurrency exchanges or through peer-to-peer transactions. Even if it can be traded normally, some investors are curious whether Bitcoin can really be sold at such a high price. Do you have to drop it? In fact, it can be sold, and its investors can trade at any time within 24 hours. Next, the editor will tell you in detail.

Can Bitcoin be traded normally?

Bitcoin can be traded normally. It is traded through blockchain technology. This is a distributed ledger technology that makes transaction records public and cannot be tampered with. Bitcoin trading methods mainly include on-site transactions. and over-the-counter transactions.

On-exchange trading refers to transactions conducted by users on the exchange platform. This trading method allows participants to judge market prices, and can buy and sell through market makers provided by the exchange or their own pending orders. Liquidity Sex is better.

Over-the-counter trading refers to a private transaction method. Since both parties to the transaction do not know the market price, the liquidity is poor, and it is easy to cause fraud and other bad behaviors, there are certain risks.

Bitcoin transaction costs mainly include handling fees and exchange rate differences. Transaction fees refer to the fees that users need to pay to exchanges or traders when conducting Bitcoin transactions. The amount of the handling fee will be based on market conditions and transaction volume. changes depending on factors.

The exchange rate difference refers to the exchange rate difference between the two parties during the Bitcoin transaction. When the exchange fluctuates in the Bitcoin buying and selling price, the exchange will charge a certain proportion of the price difference from the transaction amount. Therefore, users need to evaluate the transaction before trading. Risks and Costs.

Can Bitcoin really be sold?

Bitcoins can really be sold. Currently, exchanges such as Ethereum and Binance can sell Bitcoins. However, if you have a lot of Bitcoins, it may be difficult to sell them all at once. You need to spread them out. Sell. Bitcoin is easy to sell for investors and relatively easy to sell, because there are still many individuals and institutions speculating on Bitcoin. If you want to sell Bitcoin, you can choose the appropriate transaction method according to your own situation.

Bitcoin buys and sells, it can even be said that receiving payments in Bitcoin is almost instantaneous, however after the network starts adding your transaction to a block to confirm the transaction, and you can use the received bits There is an average delay of 10 minutes before the coin is released.

Confirmation means reaching a consensus on the network that the Bitcoins you received were not used to pay others and are therefore deemed to be your property. Once your transaction is included in a block, all subsequent blocks will include it, which will greatly consolidate this consensus and reduce the risk of transaction revocation. Each user can judge the time at which the transaction is confirmed.

The following is a tutorial on selling Bitcoin on OEX Exchange:

1. Open the official website of OEX OKX Exchange (click here to register), enter your email address on the homepage, and click "Register" , slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes

2. Then enter your mobile phone number. Click "Verify Now" and enter the six-digit verification code received on your mobile phone. It is also valid for 10 minutes

3. Select your country/region of residence and check the terms of service. , "Risk and Compliance Disclosure" and Privacy Policy and Statement

4. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter Letters, 1 number, 1 symbol, such as: !@ # $ % and other conditions

5. After logging in to your account, find the "User Center" icon on the homepage and enter 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)

7. Click "Transaction" - "Coin" on the homepage to enter the transaction 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 amount of BTC to sell and click Sell BTC to complete the sale

The Bitcoin market is highly volatile, and prices may fluctuate and change dramatically in a short period of time depending on supply and demand, market sentiment, and other factors. Therefore, when trading Bitcoin, prices may vary, and investors should carefully consider the risks and develop a suitable trading strategy based on their investment goals and risk tolerance. It should be noted that large transactions involving the sale of a large number of Bitcoins in a short period of time may have an impact on the market, leading to price fluctuations or a drop in transaction prices, which requires investors to have more strategies and considerations.

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