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How to trade on BingX exchange? Graphic transaction process
BingX's user-friendly platform and robust features provide a seamless trading experience for both novice and experienced traders, regardless of the trading pair they choose.
Nov 25, 2024 at 10:17 pm
How to Trade on BingX Exchange: A Comprehensive Guide with Visual Transaction Process
Introduction
BingX is a renowned cryptocurrency exchange offering a user-friendly platform for traders of all levels. Its intuitive interface and robust features cater to both novice and experienced traders, providing a seamless trading experience. This comprehensive guide will walk you through the step-by-step process of trading on BingX exchange, aided by visual representations for clarity.
Step 1: Creating an Account
- Visit the BingX website and click on "Sign Up" in the top right corner.
- Enter your email address, create a password, and agree to the terms of service.
- Verify your email address by clicking on the link sent to your inbox.
Step 2: Deposit Funds
- Log in to your BingX account and navigate to the "Deposit" page.
- Choose your preferred cryptocurrency and deposit method.
- Follow the on-screen instructions to complete the deposit process.
Step 3: Find Your Trading Pair
- Open the "Trade" page and select the trading pair you want to trade. For example, BTC/USDT.
- The trading pair indicates the base asset (BTC) and the quote asset (USDT).
Step 4: Select Order Type
- Market Order: Execute an order at the current market price.
- Limit Order: Set a specific price at which you want your order to be filled.
- Stop-Limit Order: Place an order that becomes active only when a specific price level is reached.
Step 5: Enter Trade Details
- Enter the amount of the base asset you want to buy or sell.
- The "Total" field will display the estimated total value of the trade.
- Review the details and confirm the order.
Step 6: Trading Interface Overview
- Price Chart: Displays real-time price movements of the trading pair.
- Order Book: Shows the orders placed by other users, creating a visual representation of liquidity.
- Trading History: Displays a list of recently executed trades.
- Open Orders: Lists the orders you have placed that are not yet filled.
Step 7: Monitoring Your Trades
- Once an order is placed, you can track its status in the "Open Orders" tab.
- If your order is filled, it will appear in the "Trading History" tab.
- Monitor the market closely and make adjustments as needed.
Step 8: Withdrawing Funds
- Navigate to the "Withdraw" page in your BingX account.
- Choose the cryptocurrency you want to withdraw.
- Enter the withdrawal address and the amount you wish to withdraw.
- Complete any additional verification steps required and confirm the withdrawal.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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