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How to Sell Cryptocurrency on Bithumb Exchange Video Tutorial

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Release: 2024-08-27 16:40:02
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Steps to sell cryptocurrency on Bithumb: Log in to your account; select "Trade", select the cryptocurrency and click "Sell"; select order type, quantity and price (limit order); review order details; confirm and place the order ;Monitor your orders.

How to Sell Cryptocurrency on Bithumb Exchange Video Tutorial

How to Sell Cryptocurrency on Bithumb Exchange Video Tutorial

Step 1: Log in to your Bithumb account

  • Visit the Bithumb website or use the mobile app.
  • Log in with your username and password.

Step 2: Navigate to the sell page

  • Select the "Trade" tab at the top of the screen.
  • Select the cryptocurrency you want to sell in the left menu.
  • Click the "Sell" button.

Step 3: Enter order details

  • Select order type:Select market order (to sell at the current market price) or limit order (to set a specific selling price).
  • Enter Amount:Enter the amount of cryptocurrency you want to sell.
  • Set Price (Limit Order Only):Enter the price at which you wish to sell your cryptocurrency.

Step 4: Review Order Details

  • Check order type, quantity, price and fees.
  • Make sure all information is correct.

Step 5: Confirm and place the order

  • Click the "Sell" button to confirm the order.
  • Your order will be submitted to the market.

Step 6: Monitor your order

  • Your order will appear in the "My Orders" tab.
  • You can track its status and adjust it as needed.

Additional Tips:

  • Set a limit order:Use a limit order if you wish to sell your cryptocurrency when a specific price is reached.
  • Check Market Depth:Before placing a limit order, check the market depth to determine how many buyers and sellers are at that price point.
  • Use Stop Loss Orders:Stop Loss orders can automatically sell your cryptocurrency when a specific price is reached to protect your profits or limit losses.
  • Trade with caution:Be cautious when trading cryptocurrencies and only invest money you are willing to lose.

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