How to buy and sell coins on Deepcoin exchange? Detailed steps

To buy coins on Deepcoin, create an account, verify your identity, deposit funds, and place a buy order under the "Buy" section.

Nov 23, 2024 at 06:35 am

How to Buy and Sell Coins on Deepcoin Exchange? Detailed Steps

Introduction

Deepcoin is a cryptocurrency exchange platform that allows users to buy, sell, trade, and hold digital assets. It offers a secure and user-friendly platform for individuals seeking to engage in cryptocurrency transactions. Understanding the process of buying and selling coins on Deepcoin is crucial for seamless and successful dealings within the platform.

Step 1: Create an Account

• Navigate to Deepcoin's official website and click on "Sign Up."
• Provide your email address and create a strong password.
• Enter the referral code (optional) and accept the terms and conditions.
• Click on "Sign Up Now" to complete your registration.

Step 2: Verification

• To enhance security and comply with regulations, Deepcoin requires account verification.
• Click on "Account" in the top-right corner and select "Verification."
• Choose between "Identity Verification" and "Address Verification."
• Submit the requested personal information and documents for verification.
• Deepcoin typically processes verification requests within a few hours or up to 24 hours.

Step 3: Deposit Funds

• Once your account is verified, you can deposit funds to purchase cryptocurrencies.
• Click on "Spot Account" and then "Deposit" in the top-right corner.
• Select the fiat currency (e.g., USD, EUR) you wish to deposit.
• Choose a deposit method (e.g., bank transfer, credit card) and follow the on-screen instructions to complete the deposit process.

Step 4: Place a Buy Order

• Click on "Buy" in the top-left corner and select the desired cryptocurrency.
• Enter the amount of cryptocurrency you want to purchase or the fiat amount you're willing to spend.
• Review the order details and click on "Buy" to place the order.
• The purchased cryptocurrency will be credited to your Deepcoin wallet.

Step 5: Sell Coins

• If you own cryptocurrencies on Deepcoin, you can sell them to realize profit or convert them to other assets.
• Click on "Sell" in the top-left corner and select the cryptocurrency you want to sell.
• Enter the amount of cryptocurrency you want to sell or the fiat amount you wish to receive.
• Review the order details and click on "Sell" to place the order.
• The proceeds from the sale will be credited to your Deepcoin spot account.

Step 6: Withdraw Funds

• When you wish to withdraw funds from your Deepcoin account, click on "Withdraw" in the top-right corner.
• Select the cryptocurrency or fiat currency you want to withdraw.
• Enter the withdrawal address (e.g., your external wallet) and the withdrawal amount.
• Review the withdrawal details and click on "Withdraw" to initiate the process.
• Deepcoin typically processes withdrawal requests within a few hours or up to 24 hours.