Home web3.0 How to buy and sell coins on AscendEX exchange

How to buy and sell coins on AscendEX exchange

Aug 20, 2024 pm 05:53 PM
cryptocurrency usdt exchange

How to buy and sell cryptocurrencies on AscendEX exchange? Steps: Buy Coins: Create an account and verify KYC. Top up funds. Select a trading pair. Enter a buy order (limit/market). Place your order. Sell ​​Coins: Make sure you own cryptocurrencies. Select a trading pair. Enter a sell order (limit/market). Place your order. Things to note: Understand market risks. Make small transactions first. Learn about transaction fees. Use stop loss orders. Don't chase the rise and kill the fall. be safe. Seeking

How to buy and sell coins on AscendEX exchange

How to Buy and Sell Cryptocurrency on AscendEX Exchange

Steps to Buy Coins:

  1. Create Account: Register on AscendEX website and complete KYC verification.
  2. Funding: Fund your account via fiat gateway or cryptocurrency deposit.
  3. Select a Trading Pair: On the trading page find the cryptocurrency you want to purchase and the trading pair you want to use (e.g. BTC/USDT).
  4. Enter Buy Order: Enter your buy price and quantity under the "Limit Order" or "Market Order" option.
  5. Place an order: Click the "Buy" button to execute your order.

Steps to sell coins:

  1. Make sure you have the cryptocurrency: Make sure you have the cryptocurrency you want to sell in your account.
  2. Select a trading pair: On the trading page find the cryptocurrency you want to sell and the trading pair you want to use (e.g. USDT/BTC).
  3. Enter your sell order: Enter your sell price and quantity under the "Limit Order" or "Market Order" option.
  4. Place an order: Click the "Sell" button to execute your order.

Notes for newbies:

  • Familiarize yourself with the cryptocurrency market: Before making any transactions, please understand the working mechanism and risks of the cryptocurrency market.
  • Make small trades: Initially, make small trades to test the platform and your trading strategy.
  • Understand Trading Fees: There are fees for trading on AscendEX, please make sure you understand and take them into consideration.
  • Use stop-loss orders: Stop-loss orders can help you automatically close your position at a specific price point to limit your losses.
  • Don’t chase the ups and downs: Avoid making hasty decisions when the market is volatile, stay rational and follow your trading plan.
  • Stay safe: Use a strong password and enable two-factor authentication (2FA) to protect your account.
  • Seeking external support: If you encounter any problems or need help, please feel free to contact AscendEX’s customer service staff.

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