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How to trade on Hotcoin Exchange? Hotcoin Exchange Trading Tutorial

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Release: 2024-08-16 17:13:02
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To trade on Hotcoin Exchange, you need to register an account, recharge assets, select trading pairs, place orders, check order status and withdraw assets. Specific steps include: 1. Register an account and authenticate your real name; 2. Recharge digital assets; 3. Select the trading pair to trade; 4. Place a limit order or market order; 5. Check the order status and cancel unexecuted orders if necessary; 6. Withdraw assets after the transaction is completed.

How to trade on Hotcoin Exchange? Hotcoin Exchange Trading Tutorial

Hotcoin Exchange Trading Tutorial

Step 1: Register an account

  • Visit the official website of HotCoin Exchange (www.huobi.com).
  • Click the "Register" button in the upper right corner.
  • Fill in the registration information, including email, mobile phone number and password.
  • Complete the real-name verification (KYC).

Step 2: Recharge assets

  • Log in to Hotcoin Exchange and click "Asset Management" > "Recharge".
  • Select the digital asset you want to top up (e.g. Bitcoin, Ethereum).
  • Transfer to the exchange according to the address provided.

Step Three: Select Trading Pair

  • From the exchange homepage, select the trading pair you want to trade (for example, BTC/USDT).
  • Trading pairs represent the exchange rate of one digital asset to another.

Step 4: Place an Order Transaction

Limit Order:

  • In the "Limit Order" option, enter the quantity and price of the asset you want to buy or sell.
  • The trade will be executed once the price reaches or exceeds the specified limit price.

Market Order:

  • In the "Market Order" option, simply enter the quantity of the asset you want to buy or sell.
  • The transaction will be executed immediately according to the current market price.

Tips:

  • You can use "Take Profit Order" or "Stop Loss Order" to set trigger conditions to automatically execute transactions after reaching a specific price.

Step 5: Check the order status

  • On the "Transaction Record" page, you can check the placed order and current status.
  • You can also cancel orders that are not fully executed.

Step 6: Withdraw assets

  • Once the transaction is completed, you can withdraw the assets.
  • Click "Asset Management" > "Withdrawal" and follow the prompts.

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