Tips on buying and selling coins on the Hotcoin exchange

Tips for buying and selling coins on Hotcoin exchange: Tips for buying coins: Choose a trading pair: consider trading volume, liquidity, and exchange rate. Set the buy price: Choose a market order or a limit order. Place an order: Click the "Buy" button. Tips for selling coins: Select a trading pair: Select the currency to sell and the payment currency. Set the sell price: Choose a market or limit order. Place an order: Click the "Sell" button. Things to note: Know the transaction fees. Carefully consider market risks. Use security measures to protect

Tips for buying and selling coins on Hotcoin exchanges

1. Tips for buying coins

1. Choose the right trading pair : In an exchange, a trading pair refers to The currency you want to purchase and the currency you want to pay with. When choosing a trading pair, consider factors such as trading volume, liquidity, and exchange rates.
2. Set the buying price: After deciding the currency and quantity you want to buy, you need to set the buying price. You can choose a market order (to buy at the current market price) or a limit order (to buy at or below a specified price).
3. Place an order: After setting the buying price, click the "Buy" button to place an order. After placing an order, the system will automatically match the sell order that meets your requirements and complete the transaction.

2. Coin selling skills

1. Choose the right trading pair: The operation of buying and selling coins is similar, but you need to choose a different trading pair than when buying coins, that is, you want to sell the currency and use it The currency of payment.
2. Set the ask price: Again, you need to set the ask price. You can choose market or limit orders.
3. Place an order: After completing the above steps, click the "Sell" button to place an order. The system will match the buy order that meets your requirements and complete the transaction.

3. Notes

• Transaction fees: Hotcoin exchange charges a certain percentage of transaction fees. Before trading, understand the fee schedule and take it into consideration.
• Market Volatility: The cryptocurrency market is highly volatile. When buying and selling coins, please carefully consider market risks and avoid excessive operations.
• Safety Guarantee: Make sure your exchange account and funds are safe. Use security measures such as two-factor authentication and update your passwords regularly.

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