Home web3.0 How to trade coins in HOO Hufu wallet

How to trade coins in HOO Hufu wallet

Sep 02, 2024 pm 04:44 PM
usdt

Steps to trade coins in HOO Hufu wallet: Register and log in to the wallet, make sure there are coins to be traded. Open the "Trading" tab and select the currency pair. Select the order type: Limit, Market, or Take Profit/Stop Loss. Fill in the direction, quantity, and price (limit order). Confirm the transaction and submit the order.

How to trade coins in HOO Hufu wallet

How to trade coins in HOO Hufu wallet

Step 1: Preparation

  • Register and log in to HOO Hufu wallet.
  • Make sure you already have the coin you want to trade in your wallet.

Step 2: Open the transaction interface

  • Click the "Transaction" tab on the wallet page.
  • Select the currency pair you want to trade, such as BTC/USDT.

Step 3: Select the order type

  • Limit order: Set the price you want to trade, and the order will The deal is executed when that price is reached.
  • Market order: Immediate execution at the current market price.
  • Take profit and stop loss order: Automatically trigger buying or selling when the preset price is reached.

Step 4: Fill in the order information

  • Direction: Select whether you want to buy or sell.
  • Quantity: Enter the quantity of coins you want to trade.
  • Price: For limit orders, enter the price you wish to be filled.

Step 5: Confirm transaction

  • Check the order information carefully and make sure it is correct.
  • Click the "Buy" or "Sell" button to submit your order.

Advanced Tips

  • Use the Market Depth Chart: Observe real-time buy and sell orders to understand supply and demand in the market.
  • Set Take Profit and Stop Loss: Protect your profits or limit losses.
  • Step Trading: Split your trade into smaller orders to reduce risk.
  • Be patient: Trading takes time and patience. Don't be affected by short-term market fluctuations.

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