BitForex exchange trading tutorial and installation method

BitForex Exchange Trading Tutorial

Installation Method

Desktop/Laptop

1. Go to BitForex official website (https://www.bitforex.co m/zh-CN/)
2. Click "Register Now" in the upper right corner of the page
3. Fill in the registration information (email/mobile phone number, password) according to the prompts , invitation code)
4. Verify your account via email or SMS

Mobile device

1. From App Store or Google Play to download the BitForex mobile app
2. Open the app and click "Start Now"
3. Fill in your application as prompted Registration Information
4. Verify your account via email or SMS

Trading Tutorial

1. Buy cryptocurrencies

• C2C transactions: Trade directly with other users, support fiat currency transactions.
• Fiat currency trading: Use a bank card or third-party payment platform to purchase cryptocurrency.
• OTC Trading: Trade large amounts of cryptocurrencies with over-the-counter traders.

2. Limit Order Trading

• Limit Buy: Specify the maximum you are willing to pay for the cryptocurrency price to buy.
• Sell Limit: Specify the lowest price you are willing to sell for your cryptocurrency.

3. Market Order Transaction

• Market Buy: Buy cryptocurrency immediately at the current market price.
• Sell at Market: Sell cryptocurrency immediately at the current market price.

4. Stop Loss Order

• Stop Buy: Automatically buy when the cryptocurrency price reaches a specified level enter.
• Sell Stop: Automatically sell when the cryptocurrency price reaches a specified level.

5. Trailing Stop

• A trailing stop that follows cryptocurrency prices can help lock in profits or reduce losses.

6. Leveraged Trading

• Using leveraged trading to enlarge your trading position, but this also increases the risk.

Tip

• Do adequate research before trading.
• Start with a small amount of capital and gradually increase the transaction size.
• Use stop loss orders to manage risk.
• Regularly review your trading positions and make adjustments as necessary.

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