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How to trade coins in Ownbit wallet

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Release: 2024-08-27 18:51:02
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With five steps, you can transfer the coins in your Ownbit wallet to the exchange: 1) Create an exchange account; 2) Get the exchange wallet address; 3) Open the Ownbit wallet; 4) Transfer the currency; 5) Confirm and send. Please make sure your address is correct, the exchange may charge deposit fees.

How to trade coins in Ownbit wallet

How to transfer coins from Ownbit wallet to exchange

Step 1: Create an exchange account

  • Choose a reputable exchange such as Binance or Coinbase.
  • Register an account and complete identity verification.

Step 2: Get the exchange wallet address

  • Log in to your exchange account.
  • Navigate to the "Deposits" or "Wallet" section.
  • Select the currency you want to transfer and copy its wallet address.

Step 3: Open Ownbit Wallet

  • Open your Ownbit Wallet app.
  • Log in to your account.

Step 4: Transfer currency

  • Click the "Send" button.
  • Paste the wallet address you copied from the exchange.
  • Enter the amount you want to transfer.
  • Choose an appropriate network fee (usually defaults to low).

Step 5: Confirm and send

  • Verify all details.
  • Check the "Confirm" box and click "Send".
  • Your transaction will be processed and may take some time to complete.

Tip:

  • Make sure you transfer to the correct wallet address. Incorrect transfers may result in loss of funds.
  • Consider using two-step verification for added security on your account.
  • Exchanges may charge deposit fees, check their fee schedule before transferring.
  • After the transfer is completed, your funds can be viewed in the exchange's wallet.

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