Home > web3.0 > Tips for buying and selling coins in the AscendEX exchange_How to use AscendEX digital currency exchange

Tips for buying and selling coins in the AscendEX exchange_How to use AscendEX digital currency exchange

Hannah Marie Garcia
Release: 2025-02-15 19:30:02
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Tips for buying and selling cryptocurrencies on AscendEX include: Register and top up funds to select the transaction pair to lower limit orders (specified price when purchasing, specified quantity when selling) Use limit orders and stop loss orders to monitor the market and understand transaction fees

Tips for buying and selling coins in the AscendEX exchange_How to use AscendEX digital currency exchange

Tips for buying and selling cryptocurrencies on AscendEX Exchange

AscendEX is a leading digital currency exchange that offers a wide range of cryptocurrencies Buying and selling services. For newbies or experienced traders, mastering the skills of buying and selling cryptocurrencies is crucial.

Buy cryptocurrency

  1. Register an account: Register a free account with AscendEX and complete authentication.
  2. Recharge funds: Recharge funds to your account through fiat currency gateways, credit cards or other supported channels.
  3. Select a trading pair: Select a trading pair consisting of the cryptocurrency you want to purchase and the currency you recharge, such as BTC/USDT.
  4. Lower limit order: In the "Limit" tab, enter the price you are willing to purchase per unit of cryptocurrency.
  5. Specify quantity: Enter the amount of cryptocurrency you want to purchase.
  6. Create an order: Check your order details and click "Buy". Your order will be added to the order book and matched with the seller's order.

Sell cryptocurrency

    Access to your assets:
  1. Navigate to the Assets page to view the encryption you hold Currency balance.
  2. Select a trading pair:
  3. Select a trading pair consisting of the cryptocurrency you want to sell and the currency you want to receive, such as USDT/BTC.
  4. Lower Limit Order:
  5. In the Limit tab, enter the price you are willing to sell for each unit of cryptocurrency.
  6. Specify quantity:
  7. Enter the amount of cryptocurrency you want to sell.
  8. Create an order:
  9. Check your order details and click "Sell". Your order will be added to the order book and matched with the buyer's order.
Tip

Using Limit Order:
    Limit Order allows you to specify that you are willing to buy or sell cryptocurrencies price, providing greater control over transaction prices.
  • Set Stop Loss Order:
  • Stop Loss Order is a protection mechanism that automatically sells or buys when the price of a cryptocurrency reaches a certain level.
  • Monitor the market:
  • Follow cryptocurrency news and price charts to understand market trends and make informed decisions.
  • Understand transaction fees:
  • When trading on AscendEX, transaction fees are required. Make sure you understand the fees and incorporate them into your trading plan.

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