Exchanges

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Bybit exchange novice registration, buying and selling tutorial

To purchase Bitcoin (BTC) or Ethereum (ETH) on Bybit, you can either utilize a bank card for a direct purchase or engage in peer-to-peer trading through the provided platform.

Oct 09, 2024 at 01:00 pm

Bybit Exchange Beginner's Guide: Registration and Trading Tutorial

1. Registration

Go to the [Bybit website](https://www.bybit.com) and click on the "Register" button.
Enter your email address, choose a password, and agree to the Terms of Service.
Verify your email address by clicking on the link sent to you.

2. Buying Bitcoin (BTC) and Ethereum (ETH)

Using a Bank Card:

Go to the "Buy Crypto" page and select the desired coin (BTC or ETH).
Enter the amount you want to buy and click "Continue."
Select your payment method (e.g., Visa, Mastercard) and follow the on-screen instructions.

Using P2P Trading:

Go to the "P2P Trading" page and select "Buy."
Choose a seller and payment method.
Check the seller's reputation and transaction history before initiating a trade.
Follow the instructions provided by the platform.

3. Trading BTC and ETH on Bybit

Create a Sub-Account: Create a sub-account dedicated to trading for risk management purposes.
Fund the Trading Account: Transfer funds from your spot wallet to the trading account via the "Transfer" page.
Place an Order: Go to the "Trading" page and choose the desired coin pair (e.g., BTC/USDT).
Select the order type (e.g., Limit, Market) and enter the trade parameters (e.g., price, quantity).
Click on "Place Order" to execute the trade.

4. Closing a Position

Navigate to the "Active Orders" tab on the Trading page.
Click on the "Close" button associated with the order you want to close.
Alternatively, if using the Stop Loss or Take Profit feature, your position will be closed automatically once the preset price level is reached.

5. Withdrawing funds

Navigate to the "Withdraw" page.
Select the cryptocurrency and amount you want to withdraw.
Enter the address of the external wallet where you want to send the funds.
Click on "Submit" and follow the on-screen instructions.

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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