How to make profit selling U coins on Bitfinx exchange

Sell U-Coin on Bitfinx Exchange to make a profit. The steps are as follows: Log in and navigate to the U-Coin trading page. Enter the quantity and price, and select the order type (market order is recommended). Submit your order and track your order status. After the sale is successful, withdraw the proceeds. Tip: Use timing, understand fees, consider limit orders, and hold on to some equity.

How to profit from selling U coins on BitFinks exchange

Step 1: Log in to BitFinks BS ACCOUNT

Log in to your BitFinks account and make sure you have two-factor authentication.

Step 2: Navigate to the trading page

Click the "Trade" option in the top menu bar, and then select the U-coin trading pair, such as "UCOIN/USD".

Step 3: Fill out the sell order

In the "Sell" section, enter the amount of U coins you want to sell and the price you want to get.

Step 4: Type

Select the order type. For beginners, it is recommended to use a "market" order, which will immediately sell your U coins at the current market price.

Step 5: Submit Order

Check the details you entered carefully and click "Sell UCOIN". Your order will be submitted to the exchange.

Step 6: Order Status

You can track the status of your order through the "Orders" tab. Once your order has been executed, you will receive a confirmation email.

Step 7: Withdraw funds

Once your U coins are sold, you can withdraw the proceeds. Click on the "Account Funds" option and select the currency and amount you wish to withdraw.

Tip:

• Timing is important: Sell your U coins when the market price is in your favour.
• Learn about fees: BitFinks charges fees for transactions. Please make sure you understand the fee structure before submitting your order.
• Use a limit order: If you don’t want to sell your U coins immediately, you can use a limit order to specify a specific price.
• Keep some U coins: Consider keeping some U coins in case the price rises in the future.

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