How to buy, sell and trade MATIC coin? Detailed tutorial

To purchase MATIC, select a reputable cryptocurrency exchange like Binance, Coinbase, or FTX, create an account, verify your identity, fund your account, search for the MATIC trading pair, enter a purchase order, and execute it to have MATIC credited to your exchange wallet.

Oct 07, 2024 at 07:41 am

How to Buy, Sell, and Trade MATIC Coin: A Detailed Tutorial

1. Choose a Cryptocurrency Exchange

Select a reputable cryptocurrency exchange that supports MATIC, such as:

• Binance
• Coinbase
• FTX
• Crypto.com

2. Create an Account

Register on the chosen exchange by providing your personal information, email address, and password.

3. Verify Your Identity

Most exchanges require identity verification to comply with regulations. Upload necessary documents and complete the verification process.

4. Fund Your Account

Deposit funds into your exchange account via bank transfer, credit card, or debit card to purchase MATIC.

How to Buy MATIC

5. Search for MATIC

Use the search bar on the exchange to find the MATIC trading pair (e.g., MATIC/USDT).

6. Enter Purchase Order

Specify the amount of MATIC you wish to buy and the type of order you prefer (e.g., market order, limit order).

7. Execute Purchase

Click "Buy" to complete the purchase. MATIC will be credited to your exchange wallet.

How to Sell MATIC

8. Find MATIC Trading Pair

Locate the same MATIC trading pair (e.g., MATIC/USDT) used to purchase MATIC.

9. Enter Sell Order

Select the number of MATIC coins you want to sell and choose the order type.

10. Execute Sell

Click "Sell" to complete the sale. You will receive the proceeds in the specified currency in your account.

How to Trade MATIC

10. Choose Trading Interface

Navigate to the trading interface provided by the exchange. Locate the MATIC trading pair you wish to trade.

11. Analyze Price Charts

Study technical indicators and chart patterns to identify potential trading opportunities.

12. Place Trade Order

Choose between market orders (immediate execution) or limit orders (executed at a specified price). Specify the number of MATIC coins to trade.

13. Monitor Trade

Once the order executes, monitor its progress in the trading interface. You can modify or close the trade as needed.