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Tips on buying and selling coins on the DigiFinex exchange

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Release: 2024-09-09 14:51:01
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Tips for buying and selling digital currencies on the DigiFinex exchange: Purchase: Top up funds, select the currency, set the transaction quantity and type (market price or limit price), and click "Buy". Sell: Select the currency, set the transaction quantity and type (market price or limit price), and click "Sell". Tips: Buy in batches, set stop-loss orders, and monitor market dynamics; use market orders, set stop-profit orders, choose the correct wallet, protect account security, and pay attention to price fluctuations.

Tips on buying and selling coins on the DigiFinex exchange

DigiFinex exchange trading digital currency tips

How to buy digital currency?

  • Log in to your DigiFinex account and top up funds.
  • Navigate to the "Trading" page and select the currency you want to buy.
  • Enter the purchase quantity, select the transaction type (market or limit), and click "Buy".

How to sell digital currency?

  • Navigate to the Trading page and select the currency you want to sell.
  • Enter the quantity to sell, select the transaction type (market or limit), and click "Sell".

Tips and Notes:

Buying Tips:

  • Use only Price Orders: Set limit orders when prices fluctuate less to ensure purchases at a specific price.
  • Buy in batches: Don’t buy all the funds at once, you can buy in batches to reduce risks.
  • Set a stop-loss order: Set a stop-loss order to limit potential losses.

Selling tips:

  • Use market orders: Use market orders when prices fluctuate greatly to quickly sell.
  • Set a take-profit order: Set a take-profit order to lock in profits.
  • Monitor market dynamics: Pay close attention to market dynamics and look for the best buying and selling opportunities.

Other notes:

  • Understand trading fees: DigiFinex will charge fees for trading, make sure you understand before trading Fee structure.
  • Choose the right wallet: Make sure to use a secure and compatible wallet to store your digital currencies.
  • Keep your account safe: Enable two-factor authentication and other security measures to keep your account safe.
  • Be aware of price fluctuations: Digital currency prices fluctuate greatly, so be prepared for market fluctuations.

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