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What is the process of buying and selling cryptocurrencies on KuCoin?

avatarMd IrfanDec 26, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of buying and selling cryptocurrencies on KuCoin? I'm new to the platform and would like to understand how it works.

What is the process of buying and selling cryptocurrencies on KuCoin?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Buying and selling cryptocurrencies on KuCoin is a breeze! Just follow these steps: 1. Start by signing up for a KuCoin account and completing the verification process. 2. Deposit funds into your KuCoin wallet by selecting the 'Assets' tab and choosing the cryptocurrency you want to deposit. 3. Once your funds are in your wallet, head over to the 'Markets' tab and choose the cryptocurrency you want to trade. 4. Select the trading pair you want to trade with (e.g., BTC/ETH). 5. Decide whether you want to place a market order or a limit order. A market order will be executed instantly at the current market price, while a limit order allows you to set a specific price at which you want to buy or sell. 6. Enter the amount of cryptocurrency you want to buy or sell. 7. Double-check your order details and click on the 'Buy' or 'Sell' button to finalize the transaction. 8. Once your order is processed, you'll see the updated balance in your KuCoin wallet. That's all there is to it! If you need further assistance, don't hesitate to ask.