How to trade XCH coins to others? XCH coin selling transaction graphic tutorial

To trade XCH coins, create a Chia wallet, find a trading platform, deposit coins, create and submit a trade order, and wait for execution to receive payment.

Oct 31, 2024 at 03:14 pm

How to Trade XCH Coins to Others: A Step-by-Step Guide

1. Acquire XCH Coins

Purchase XCH coins on a cryptocurrency exchange.
Mine XCH coins with a compatible proof-of-space mining setup.

2. Create a Chia Wallet

Download and install a Chia wallet, such as the official Chia GUI wallet or Electrum Chia.
Create a new wallet or import an existing one.

3. Find a Trading Platform

Locate an online trading platform that supports XCH transactions.
Some reputable platforms include:
- OKX
- KuCoin
- Gate.io
- Bittrex

4. Deposit XCH Coins

Copy the deposit address from the trading platform.
Send your XCH coins from your Chia wallet to the deposit address.

5. Create a Trade Order

Log into your trading account and navigate to the XCH trading page.
Select the "Sell" option to create a sell order.
Enter the following details:
- Amount of XCH coins to sell
- Price per XCH coin
- Order type (limit order or market order)

6. Submit the Trade Order

Review the order details and submit it.
A limit order will be executed only when the market price reaches your specified limit.
A market order will be executed immediately at the current market price.

7. Wait for Execution

Once your trade order is placed, it will go into the order book.
Wait until your order is filled by a matching buy order.

8. Receive Payment

When your order is filled, the buyer will transfer the payment to your specified fiat currency or cryptocurrency account.

Tips for Secure Trading:

Use a reputable trading platform.
Store your XCH coins in a secure Chia wallet.
Always double-check the order details before submitting it.
Be aware of scams and phishing attempts.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

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