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Cryptocurrency News Video

How to C2C buy and sell coins on Eureka Exchange? is it safe? TP wallet official website link: tokenpocked.com. TokenPocked is a decentralized digital wallet. No customer data is saved,

May 08, 2024 at 03:57 pm TP钱包

How to C2C buy and sell coins on Eureka Exchange? is it safe? TP wallet official website link: tokenpocked.com. TokenPocked is a decentralized digital wallet. No customer data is saved,
TP Wallet is a decentralized digital wallet from China. It currently has operation centers in Shenzhen and Singapore. TP wallet official website link: tokenpocked.com. TokenPocked is a digital wallet technology service provider. The TokenPocked team comes from top Internet companies such as Xunlei, Baidu, and Huawei. They have been deeply involved in the fields of point-to-point communications, artificial intelligence, and cloud computing for many years.

TP wallet official website link: tokenpocked.com

Eureka Exchange's C2C trading (Customer to Customer) is a peer-to-peer digital currency trading method that allows users to trade digital assets with each other directly on the platform instead of going through the exchange's order book. The following are the general steps for C2C currency buying on Eureka Exchange:

1. Log in to your account:
Open the official website of EuroExchange, or log in to the EuroExchange app on your mobile phone and log in to your account.
2. Enter and click Buy Coin to enter the C2C transaction interface:
Look for and click on the C2C trading option on the website, this is usually located in the navigation bar or trading page of the exchange homepage.
3. Select a trading pair:
In the C2C trading interface, select the digital currency pair you want to trade, such as CNY/USDT or BTC/ETH, etc.
4. Find the right buyer or seller:
In China, you can choose Alipay, WeChat, or bank card payment,
On the trading pair page, you can see a list of all buyers and sellers, as well as the trading conditions they provide, such as price, quantity, etc.
Choose the buyer or seller that best matches your trading needs.
5. Create a trading order:
Depending on the transaction object you choose, click the "Buy" or "Sell" button, and then fill in the transaction order information according to the system prompts, including purchase/sale quantity, price, payment method, etc.
6. Wait for the order to be matched:
After submitting your order, wait for a buyer or seller to match your order.
Once the order is successfully matched, you will be able to see the status update of the order and start trading communication with the other party.
7. Complete the transaction:
Complete the payment or collection steps of the transaction according to the agreement reached with the other party.
Once both parties confirm that the transaction is complete, the digital currency will be transferred from the seller's account to the buyer's account.
The merchants who trade all have deposits on the exchange. After you pay, the merchant will release the coins. If you are selling coins to the merchant, please be sure to confirm that you have received the money before releasing the coins. Therefore: C2C buying and selling coins is safe.
Please note that the specific steps and operating procedures for C2C transactions may vary from exchange to exchange. Before conducting C2C transactions, please ensure that you have carefully read and understood the exchange's rules and terms, as well as the risks associated with digital currency transactions.

What is a decentralized wallet?

Compared with centralized wallets (exchanges) where the private keys are in the hands of third-party service providers, the private keys of decentralized wallets are kept by the users themselves, the assets are stored on the blockchain, and the users are the real holders of digital currencies. However, the wallet is just a tool to help users manage on-chain assets and read blockchain data, so it cannot control, steal, or transfer your assets.

Therefore, decentralized wallets are difficult to be attacked by hackers, and users do not have to worry about the wallet service provider's self-stealing or running away, because as long as you keep the private key when creating the wallet, your assets will still be on the chain. Change wallets The same can be displayed.

Note: Once the decentralized wallet is lost or stolen, it cannot be retrieved without backing up the private key or mnemonic phrase, so be sure to back up your private key safely and correctly.
Mnemonic phrase:
The emergence of mnemonic words is because the private key consists of a 64-bit string, which is inconvenient to record and easy to copy wrongly. In order to facilitate users to remember and record, it is simplified into a mnemonic phrase consisting of 12 words, with a space between each word. The mnemonic phrase and the private key have the same function, that is, just enter the mnemonic phrase and set a new password. , you can import the wallet. Like the private key, a wallet has only one set of mnemonic words and cannot be modified.

Important things to say three times: Once a decentralized wallet is lost or stolen, it cannot be retrieved without backing up the private key or mnemonic phrase, so be sure to back up your private key and mnemonic phrase safely and correctly. .
Binance Exchange/European Exchange are centralized, Binance Exchange/European Exchange holds your keys, so they own and control your cryptocurrency. Binance Exchange/European Exchange is like a wet market where you can buy and sell digital currencies.
The TP wallet is a decentralized digital wallet. No customer data is saved. It is just like your own wallet and cannot buy or sell digital currencies.
To sum up, after you buy a large amount of Bitcoin or Ethereum on Binance Exchange/European Exchange, you need to withdraw the coins to your own TP wallet and save them. When you need to sell them, transfer them to the transaction. Sell ​​it to ensure the safety of your own funds.
Video source:Youtube

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