How to trade Celsius (CEL) coins to others

By creating a Celsius wallet, depositing CEL coins, and finding an exchange, you can trade your CEL tokens with others using the steps outlined in the comprehensive article on Celsius (CEL) coin trading.

Nov 30, 2024 at 05:26 am

How to Trade Celsius (CEL) Coins to Others

Create a Celsius Wallet

Visit the Celsius website and click "Create Account."
Enter your email address, create a strong password, and agree to the terms and conditions.
Verify your email address by clicking the link in the verification email.
Set up two-factor authentication for added security.

Deposit CEL Coins into Your Wallet

Click "Receive" in your Celsius wallet.
Copy the CEL deposit address.
Send CEL coins from an external wallet or exchange to the deposit address.
Wait for the transaction to be confirmed on the blockchain.

Find an Exchange or Platform to Trade CEL

Research different crypto exchanges and platforms that support CEL trading.
Consider factors such as trading fees, liquidity, and security measures.
Some popular options include: Binance, Coinbase, Crypto.com, and KuCoin.

Transfer CEL Coins to the Exchange

Create an account on the selected exchange.
Find the CEL deposit address on the exchange.
Send CEL coins from your Celsius wallet to the deposit address on the exchange.
Wait for the transaction to be confirmed on the blockchain.

Place a Trade Order

Once the CEL coins are in your exchange account, you can place a trade order.
Decide whether you want to buy or sell CEL.
Select the trading pair (e.g., CEL/USDT).
Enter the amount of CEL you want to trade.
Choose the order type (e.g., market order, limit order).
Preview the order details and confirm the trade.

Monitor the Trade

After placing a trade order, it will be processed by the exchange.
You can view the status of your order in the "Orders" section of your account.
If it's a market order, it will be executed immediately at the current market price.
If it's a limit order, it will only be executed if the market price reaches the specified price.

Withdraw Traded Coins

Once the trade is completed, you can withdraw the traded coins.
Navigate to the "Withdraw" section of your exchange account.
Select the cryptocurrency you want to withdraw (e.g., USDT).
Enter the withdrawal address and the amount you want to withdraw.
Confirm the withdrawal and wait for the transaction to be processed.

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