How to buy and sell 1INCH coin? 1INCH coin trading graphic tutorial

To commence trading 1INCH Coin, select a reputable exchange (e.g., OKX, Coinbase, Binance), create an account, fund it, and locate the appropriate trading pair (e.g., 1INCH/USDT).

Oct 24, 2024 at 05:50 pm

How to Buy and Sell 1INCH Coin: A Comprehensive Trading Guide

Step 1: Choose a Reputable Exchange

• OKX
• Coinbase
• Binance
• Kraken
• KuCoin

Step 2: Create an Account

• Register on the chosen exchange by providing personal information, email, and a strong password.
• Complete the identity and security verification process for Enhanced Due Diligence (EDD).

Step 3: Fund Your Account

• Transfer funds to your exchange account via bank transfer, credit/debit card, or crypto wallet.
• Choose a payment method with low fees and fast processing times.

Step 4: Find the 1INCH/USDT or 1INCH/BTC Trading Pair

• In the exchange's trading interface, search for the "1INCH" trading symbol.
• Select the appropriate trading pair, such as "1INCH/USDT" or "1INCH/BTC."

Step 5: Place a Buy or Sell Order

• Buy Order: Enter the amount of 1INCH coins you want to buy and the price you're willing to pay. Select "Buy 1INCH" to execute the order.
• Sell Order: Enter the amount of 1INCH coins you want to sell and the price you want to receive. Select "Sell 1INCH" to execute the order.

Step 6: Monitor Your Order

• Your order will be placed in the order book, where it will be matched against other buyers or sellers.
• Track your order status until it is filled or canceled.

Step 7: Withdraw Your Coins (Optional)

• Once your buy or sell order is complete, you can withdraw your 1INCH coins to a crypto wallet or store them securely on the exchange.
• Select the "Withdrawal" option in your exchange account and follow the on-screen instructions.

Trading Tips:

• Research market trends and technical analysis charts before making trading decisions.
• Use limit orders to ensure your buy or sell price is hit.
• Set stop-loss and take-profit orders to protect your profits and manage risk.
• Monitor your portfolio regularly and adjust your trading strategy as needed.