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How to make money buying and selling usdt on Bithumb exchange

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Release: 2024-08-27 12:30:02
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By trading the USDT/KRW trading pair on Bithumb exchange, you can make profits by following the following steps: 1. Register and verify the account; 2. Fund the account; 3. Find the USDT/KRW trading pair; 4. Select the order type; 5 . Enter the transaction size; 6. Confirm the transaction; 7. Monitor and manage your transactions.

How to make money buying and selling usdt on Bithumb exchange

How to make profit by trading USDT on Bithumb exchange

Step 1: Register and verify the account

Visit the Bithumb website and register an account. Complete the identity verification process to unlock full trading features.

Step 2: Fund your account

Fund your Bithumb account via bank transfer, credit card, or other supported payment methods.

Step 3: Find the USDT/KRW trading pair

In the Bithumb trading interface, find the USDT/KRW trading pair. This trading pair allows you to trade USDT using the Korean Won (KRW).

Step 4: Select the order type

Select the order type according to your trading strategy. Market orders execute immediately at the current market price, while limit orders allow you to specify a specific price.

Step 5: Enter the transaction size

Enter the amount of USDT you want to trade. Please consider the funds available in your account and your risk tolerance.

Step Six: Confirm Transaction

Check your order details carefully and click the "Buy" or "Sell" button to execute the trade.

Step 7: Monitor and manage your transactions

After the transaction is completed, you can monitor and manage your positions in your Bithumb account. You can view current prices, gains and losses.

Tip:

  • Do your research and understand the USDT market before trading.
  • Use stop loss orders to limit potential losses.
  • Don’t over-leverage your trades.
  • Be cautious and manage your risks.

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