Are hot currency exchanges legal? Graphical tutorial for buying coins for newbies on Hotcoin Exchange App

Hotcoin exchanges are legal. Graphic tutorial for beginners to buy cryptocurrency: 1. Create an account; 2. Verify identity (optional); 3. Deposit; 4. Purchase cryptocurrency (select currency pair, order type, quantity, price); 5. View orders and funds.

Are hot currency exchanges legal?

Yes, hotcoin exchanges are legal.

Picture and text tutorial for newbies to buy cryptocurrency on Hotcoin Exchange

Step 1: Create an account

• Visit the official website of HotCoin Exchange: www.huobi.com
• Click the "Register" button
• Enter your email address and password
• Complete the security check and agree to the terms

Step 2: Verify identity (optional)

• For added account security, identity verification is recommended.
• Click on the "Identity Authentication" page and follow the steps.

Step 3: Deposit

• Log in to your account and click on the "Assets" tab.
• Select the cryptocurrency you want to deposit and click "Deposit".
• Copy the address provided or scan the QR code.
• Transfer cryptocurrencies from your wallet or other exchange to this address.

Step 4: Buy Cryptocurrency

• After successful deposit, click on the "Trading" tab.
• Select the cryptocurrency pair you want to buy, such as BTC/USDT (Bitcoin/Tether).
• Select an order type (limit order, market order, etc.).
• Enter the quantity and price you want to buy (limit order).
• Click the "Buy" or "Sell" button.

Example: Buy Bitcoin (BTC)

• Select the BTC/USDT currency pair.
• Choose a limit order.
• Enter the amount of BTC you want to purchase.
• Enter the USDT price you are willing to pay.
• Click “Buy BTC”.

Step 5: View Order and Funds

• You can view the status of your order in the Orders tab.
• You can view your cryptocurrency balance in the Wallet tab.

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