How to Trade

Trading on a crypto exchange involves buying and selling cryptocurrencies. Here’s a basic guide:

1. Locate Spot Trade: Visit on TradeBit homepage, On top left side click Trade and choose Spot Trading.
2. Create an Account: First time users need to Register and provide some necessary personal information and complete basic verification processes.
3. Deposit Funds: Deposit cryptocurrencies into your exchange wallet and start
4. Choose Trading Pairs: Cryptocurrencies are traded in pairs (e.g., BTC/USD, ETH/BTC). and some other pairs.
5. Place Orders: At the right side of the trading interface, you’ll find panels to buy or sell. There are three order types you can choose from. These are limit orders, market orders, stop-limit orders. Here are some examples of how to place each order type and how they work:
   i. Market Order: Buys or sells at the current market price.
   ii. Limit Order: Sets a specific price to buy or sell.
   iii. Stop Limit Order: Automatically sells if the price drops below a certain level.