How to use BigONE exchange? Detailed usage tutorial

Limit orders allow users to set the desired price at which their orders are executed, providing greater control over the execution price.

Nov 25, 2024 at 01:39 am

How to Use BigONE Exchange: A Comprehensive Guide

Step 1: Registration and Verification

• Visit the official BigONE website and click "Sign Up" in the top right corner.
• Enter your email address, create a password, and select your country of residence.
• Check the terms and conditions and click "Create Account."
• You will receive a verification email; follow the instructions to activate your account.
• Once your email is verified, log in to your account and complete your personal information, including your real name, phone number, and address.
• Submit your identification documents (e.g., passport, ID card) for KYC verification.

Step 2: Deposit Funds

• Log in to your BigONE account and click "Assets" in the top menu.
• Select "Deposit" and choose your desired cryptocurrency.
• Copy the deposit address provided or scan the QR code using your crypto wallet.
• Transfer the funds from your wallet to the deposit address.
• Once the transaction is confirmed, your funds will be credited to your BigONE account.

Step 3: Buy and Sell Cryptocurrencies

• Click "Trade" in the top menu and select the trading pair you want to trade (e.g., BTC/USDT).
• Limit Order: Enter the desired price, quantity, and click "Buy" or "Sell." Your order will be placed in the order book and executed when the market price matches your price.
• Market Order: Enter the quantity and click "Buy" or "Sell." Your order will be executed immediately at the current market price.
• Stop-Limit Order: Set a price at which you want your order to trigger (stop price) and the desired limit price. Your order will be triggered when the market price reaches the stop price and executed at the limit price.
• Trailing Stop Order: Set a percentage deviation from the current market price. Your stop price will automatically adjust as the market price moves in your favor, triggering the order when the deviation is reached.

Step 4: Withdraw Funds

• Click "Assets" in the top menu and select "Withdraw."
• Choose the cryptocurrency you want to withdraw, enter the withdrawal address, and enter the amount.
• Enter a withdrawal password (which you must have set up previously) and click "Withdraw."
• Your funds will be processed and sent to the specified withdrawal address within a specified time frame.

Step 5: Security Features

• Enable 2-Factor Authentication (2FA) to add an extra layer of security to your account.
• Set a strong withdrawal password that is different from your login password.
• Store your crypto assets in a hardware wallet for enhanced security.
• Avoid sharing your account information with anyone.

Step 6: Trading Fees

• BigONE charges trading fees for every trade executed on the platform.
• The fees vary depending on the trading pair and the user's VIP level.
• Volume discounts apply to traders with higher trading volumes.
• Referrals can also reduce trading fees by sharing a referral link with others who sign up on the platform.

Step 7: Customer Support

• BigONE offers customer support via email, live chat, and social media channels.
• The support team is available 24/7 to assist users with any issues or inquiries.
• Detailed FAQs and tutorials are also available on the BigONE website for self-help.