how to trade bitcoin stock
Steps to Trade
Bitcoin Stock for Beginners
Then,
before starting the trading Bitcoin, make sure you have to register yourself
and verify your data on the official website of Bitcoin. After submitting all
the data, click the button “Continue to register”. Despite verifying the email
by entering the link available, verify also the identity and phone number so
that the account must be directly used for trading.
Deposit the Money to Buy Bitcoin
Next
step to do is depositing your money in the form of currency prevailing in your
country. It is by entering the profile of Dashboard. Choose the option
“Deposit” and submit some information in details like the amount of deposit,
source, and some others. Continue it by choosing the payment method and
instruction to be done later.
Start the Trading
After
depositing the fund, you can directly start the trading of Bitcoin and maybe
some other Cryptocurrencies instantly. It is also possible to do the trading
via Spot Market.
Trade via Instant Trading Feature
With
the instant trading feature, the traders are able to sell or buy with the
newest prices. It is impossible to implement Limit or Stop order commonly done
in Forex trading. In other words, the trading can just be done with the price
condition is already similar to our expectations. To gain profits through this
method is very easy. Just buy the Bitcoin and monitor the price in the market.
When the price is already more expensive than when we buy, of course, it is good
to sell it at that time. You can also hold the Bitcoin in days or even months
for more maximum profits.
Trade via Spot Market
The
next method for Bitcoin trading is via Spot Market. There is a basic thing that
makes it different from using the Instant Trading Feature. It is that you are
able to set up and manage when and in what price you will buy or sell the
Bitcoin. The function is very similar to the Limit and Stop order feature in
the MT4 platform.
To
trade via Spot Market, you can simply go to the menu with the same name. Next,
choose a pair of currency that you want to trade. As an example, there is BTC/
USD which means you want to trade Bitcoin with US dollar as the real currency
to exchange. Clicking the pair button actually means that you have started the
trading. The main benefit of trading with the method of Spot Market is that the
transaction can be done automatically. it is when the price is already suitable
with what we have set up before whether it is buying or selling. So, are you
interested to start the trading?
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