Bitbank exchange trading steps: 1. Open an account; 2. Deposit funds; 3. Browse the market; 4. Place an order; 5. Order management; 6. Withdraw funds. Order types: limit order, market order. Fees: Charged based on transaction type and cryptocurrency pair. Notes: Research the market, protect your account, and trade with caution.
Bitbank Exchange Trading Tutorial
How to trade?
Trading on the Bitbank exchange involves the following steps:
1. Open an account
- Go to the Bitbank website and register an account.
- Verify your identity and set a password.
2. Deposit funds
- Choose a deposit method (bank transfer, credit card, cryptocurrency).
- Follow the instructions to deposit funds.
3. Browse the Market
- Go to the Market page to see the currently traded cryptocurrencies.
- Select the cryptocurrency pair you want to trade.
4. Place an order
- Choose an order type (limit order, market order).
- Enter order quantity and price.
- Check order details and confirm.
5. Order Management
- Track your outstanding orders on the "My Orders" page.
- Orders can be canceled, modified or closed.
6. Withdraw funds
- Go to the "Withdrawal" page.
- Choose a withdrawal method (bank transfer, cryptocurrency).
- Enter the withdrawal amount and address.
- Confirm and submit withdrawal.
Order Types
Bitbank Exchange offers the following order types:
-
Limit Order: Execute an order at the specified price or better.
-
Market Order: Executes the order immediately at the current market price.
Fees
Bitbank exchange charges fees based on the type of trade and cryptocurrency pair. The fee structure can be found on the exchange website.
Notes
- Research the cryptocurrency market before trading.
- Protect your account with a safe and secure password.
- Enable two-factor authentication for increased account security.
- Trade carefully and don’t invest more than you can afford.
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