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How to sell Bitcoin trading in Ouyi

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Release: 2024-08-01 19:31:03
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Steps to sell Bitcoin on Oyi: Transfer to the spot account and select BTC/USDT. Enter the selling quantity for the trading pair and select the order type (market order or limit order). Click the "Sell" button to confirm the transaction (receive the equivalent USDT )

How to sell Bitcoin trading in Ouyi

How to sell Bitcoin trading on Oyi

Steps to sell:

  1. Log in to Oyi account: Visit Oyi official website or log in using the mobile app.
  2. Transfer to spot account: Transfer the Bitcoins you hold from your wallet to your spot account.
  3. Select the BTC/USDT trading pair on the spot trading page: BTC/USDT represents the trading pair of Bitcoin and Tether.
  4. Enter Sell Amount: Enter the amount of Bitcoin you want to sell.
  5. Choose order type: Usually use market order (quick execution) or limit order (specified execution price).
  6. Click the "Sell" button: Confirm the order details and click the "Sell" button.
  7. Confirm the transaction: The transaction will be executed immediately and you will receive the equivalent USDT.

Detailed Instructions:

  • Transfer to spot account: Since Bitcoin trading takes place in the spot market, you need to transfer your Bitcoin from the wallet to the spot account first.
  • Choose a trading pair: BTC/USDT trading pair is the most common Bitcoin trading pair, you can use USDT to buy or sell Bitcoin.
  • Order Type:

    • Market Order: Execute the trade immediately at the current market price, but slippage (the difference between the executed price and the expected price) may occur.
    • Limit Order: Specify the price you want Bitcoin to be traded at, but it may take longer.
  • Confirm Transaction: Before clicking the "Sell" button, please double check the order details to ensure the quantity and price are correct.

Note:

  • Make sure your Oyi account has passed the authentication and security settings.
  • Understand the risks of Bitcoin trading and operate with caution.
  • Check real-time market conditions before trading and choose the best time to sell.

The above is the detailed content of How to sell Bitcoin trading in Ouyi. For more information, please follow other related articles on the PHP Chinese website!

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