How to sell HECO on Ethereum?

Abstract: As China’s first public chain, HECO has quickly gained recognition and support from domestic and foreign users. How to buy and sell HECO has become a topic of concern. This article will provide an in-depth introduction to the selling and buying process of Ethereum HECO, as well as related knowledge points.

1. Introduction to HECO

HECO is a public chain based on EVM. Due to its fast and developer-friendly characteristics, and the recognition and support of domestic and foreign users, it has quickly emerged as a leader in China's independent public chain market in a short period of time. leader. It is very easy to deploy smart contracts on HECO, which has attracted more and more project parties to choose HECO as their development chain. At present, HECO already has various ecological projects such as DEX, NFT, capital pool, and insurance, and has become a popular hot spot in the blockchain field.

2. How to sell HECO

To sell tokens on HECO, you need to perform the following steps:

1. Register an account and install the METAMASK wallet

First, you need to choose between the HECO main network and the European GO chain area. Then download the METAMASK wallet from the official website on Google browser and install it. After the installation is complete, you need to follow the instructions to import the mnemonic phrase and set the password. After that, ensure that the backup mnemonic phrase is properly kept.

2. Transfer tokens

Transfer the tokens you need to sell to the METAMASK wallet. After successful transfer, you need to confirm whether the balance on the wallet is true.

3. Choose a trading platform

Choose a suitable trading platform for trading by comparing token value, handling fees, user reviews and other aspects. Domestic HECO already has Lilot's trading platform and completes transaction procedures on this platform. Other options include Huobi, OKEX and other platforms.

4. Submit a sell order

Fill in the detailed information of the selling token such as token address, quantity, unit price, transaction password, etc. into the order submission interface and confirm the order submission.

3. How to purchase HECO

Purchasing tokens on HECO also requires the following steps:

1. Register an account and install the METAMASK wallet

After registering the account, you need to download the METAMASK wallet through Google browser and install it. After the installation is completed You need to follow the instructions to import the mnemonic phrase and set the password.

2. To purchase HECO

you need to choose a compliant exchange, purchase HECO on the exchange, transfer the purchased HECO to the METAMASK wallet, save and back it up for easy use.

3. Choose a trading platform

The process is similar to selling tokens, just choose the appropriate trading platform and perform the operation.

4. Trading Tokens

Select the currency to be traded and enter the transaction amount. Enter the transaction password on the confirmation interface of the METAMASK wallet and complete the transaction.

4. Excavation of HECO related knowledge points

1. Choice of exchange

Choosing a compliant exchange is very important for traders. Only by choosing a safe and reliable exchange can we avoid being cheated by the platform. Problems such as brushing orders and being cheated.

2. Transaction fee

Basically, you have to pay a certain fee for each transaction and transfer. By arranging transactions reasonably, you can reduce transaction fee expenses to a certain extent.

3. Token value

The price of tokens changes at any time. Buying and selling tokens requires judgment based on market conditions and value changes. Maintain a cautious attitude and thinking, and do not blindly follow the trend.

Summary:

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