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How to buy, sell and trade TAO coin? Detailed tutorial
To buy TAO coins on a centralized exchange, register and verify an account, deposit funds, find the TAO trading pair, and place a buy order using a market or limit order.
Oct 17, 2024 at 07:11 am
1. How to Buy TAO Coin
Step 1: Create an Account on a Cryptocurrency Exchange
- Choose a reputable exchange, such as Binance or Coinbase, that supports TAO trading.
- Register and verify your account using your personal details and identity documents.
Step 2: Deposit Funds into Your Account
- Transfer funds to your exchange account using a bank transfer, credit/debit card, or another cryptocurrency.
- Make sure the exchange supports the deposit method you choose.
Step 3: Find the TAO Trading Pair
- Navigate to the exchange's trading interface and search for the TAO/USDT or TAO/BTC trading pair.
- Select the pair you wish to trade from and to.
Step 4: Place a Buy Order
- Enter the amount of TAO coins you wish to buy.
Choose a market or limit order.
- Market order: Executes immediately at the current market price.
- Limit order: Executes when the market price reaches a specified limit.
- Confirm your order and complete the purchase.
2. How to Sell TAO Coin
Step 1: Confirm Ownership of Your TAO Coins
- Ensure that the TAO coins you wish to sell are held in your exchange wallet or hardware wallet.
Step 2: Find the TAO Trading Pair
- Navigate to the trading interface of the exchange and search for the TAO/USDT or TAO/BTC trading pair you previously purchased.
Step 3: Place a Sell Order
- Enter the amount of TAO coins you wish to sell.
Choose a market or limit order.
- Market order: Executes immediately at the current market price.
- Limit order: Executes when the market price reaches a specified limit.
- Confirm the order and complete the sale.
3. How to Trade TAO Coin with Other Traders
Step 1: Create an Account on a Decentralized Exchange (DEX)
- DEXs enable peer-to-peer trading without intermediaries.
- Choose a DEX that supports TAO trading, such as Uniswap or PancakeSwap.
Step 2: Connect Your Wallet to the DEX
- Use a non-custodial wallet, such as Metamask or Trust Wallet, to connect to the DEX.
- This wallet will store your TAO coins.
Step 3: Find the TAO Trading Pair
- Search for the TAO trading pair you wish to trade on the DEX's interface.
Step 4: Place a Trade Order
- Specify the amount of TAO coins you wish to trade and the desired price.
- Choose between a market order or a limit order.
- Your trade order will be matched with another trader's order and executed when the conditions are met.
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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