How to buy and sell AXS coin? AXS coin trading graphic tutorial

To purchase AXS coins on OKX, establish an account, deposit funds, navigate to the AXS/USDT trading pair, input your order parameters (order type, price, amount), execute it, and monitor and close your position as needed.

Oct 24, 2024 at 04:52 am

How to Buy and Sell AXS Coin: A Step-by-Step Guide

Step 1: Create an Account on a Cryptocurrency Exchange

• Choose a reputable exchange, such as OKX, that supports AXS trading.
• Sign up for an account and complete the verification process.

Step 2: Deposit Funds

• Determine the amount of AXS you wish to purchase.
• Deposit the equivalent amount in a supported fiat currency or cryptocurrency into your exchange account.

Step 3: Navigate to the AXS Trading Pair

• Open the exchange's trading platform.
• Search for the AXS/USDT or AXS/BTC trading pair.

Step 4: Enter Your Order

• Enter the following information in the trading terminal:

  • Order Type: Select "Market" for immediate execution or "Limit" to specify a specific price.
  • Price: Leave blank for market orders or enter the desired price for limit orders.
  • Amount: Enter the number of AXS coins you wish to buy or sell.

Step 5: Execute Your Order

• Click the "Buy" or "Sell" button to process your order.
• Market orders will be executed immediately at the best available market price.
• Limit orders will only be executed when the market price matches the specified price.

Step 6: Monitor and Close Your Position

• Once your order is executed, you can view it in your exchange's "Orders" section.
• Monitor the market price and decide when to sell or close your position. To sell AXS, simply follow the same steps but select the "Sell" option and enter the number of coins you wish to sell.

Tips for Trading AXS Coin:

• Research the AXS project and understand its fundamentals.
• Set a clear trading strategy and stick to it.
• Use stop-loss orders to limit potential losses.
• Monitor the market news and announcements for potential impacts on AXS price.
• Be aware of the volatility of the cryptocurrency market.