How to trade on Crypto.com exchange? Graphic transaction process

After creating an account, funding it, and selecting the desired cryptocurrency, traders can place a trading order by choosing the order type (Market, Limit, or Stop-Limit), specifying the amount and price/limit, and executing the trade through the "Buy" or "Sell" options.

Nov 26, 2024 at 03:42 pm

How to Trade on Crypto.com Exchange: A Comprehensive Graphic Transaction ProcessStep 1: Create a Crypto.com Account

Visit the Crypto.com website.
Click on "Sign Up" in the top right corner.
Provide your email address, create a password, and agree to the terms and conditions.
Verify your email address and phone number.

Step 2: Fund Your Account

Log in to your Crypto.com account.
Click on "Buy Crypto" in the top right corner.
Select the desired currency and payment method.
Enter the amount you wish to deposit and follow the on-screen instructions.

Step 3: Find the Crypto You Want to Trade

Click on "Markets" in the top menu bar.
Browse the available cryptocurrencies or use the search bar to find the specific crypto you want to trade.

Step 4: Place a Trade Order

Click on the "Trade" tab for the desired crypto.
Select the order type (e.g., Market, Limit, Stop-Limit).
Enter the amount, price, and any other relevant order parameters.
Click on "Buy" or "Sell" to submit your order.

Step 5: Manage Your Open Orders

Click on "Orders" in the top menu bar to view your open orders.
Here, you can monitor the status of your orders, cancel or modify them if necessary.

Step 6: Settlement

Once your order is filled, the crypto will be settled into your Crypto.com account.
You can view your balance in the "Wallet" section.

Step 7: Withdraw Your Crypto

To withdraw your crypto, click on "Withdraw" in the top right corner.
Select the desired currency and enter the amount you want to withdraw.
Provide the withdrawal address and follow the on-screen instructions.

Detailed Explanations for Each Graphic Transaction Process:Step 1: Creating an Account

By clicking on "Sign Up," you initiate the account creation process.
Enter your email address and create a strong password.
Agree to the terms and conditions outlined by Crypto.com.
Verify your email address and phone number to ensure account security and comply with regulatory requirements.

Step 2: Funding Your Account

Once logged in, click on "Buy Crypto" to initiate the deposit process.
Select your preferred currency (e.g., USD, EUR, GBP) and payment method (e.g., bank transfer, credit/debit card, third-party payment providers).
Enter the amount you wish to deposit and follow the on-screen instructions provided for your chosen payment method.

Step 3: Finding the Crypto to Trade

Click on "Markets" in the top menu bar to access the available cryptocurrencies.
Browse the list or use the search bar to find the specific crypto you want to trade (e.g., Bitcoin, Ethereum, Litecoin).
Each cryptocurrency page provides an overview of its price, trading volume, and historical charts for informed decision-making.

Step 4: Placing a Trade Order

Under the "Trade" tab of the desired crypto, select the order type that best suits your trading strategy:
- Market Order: Executes your order at the current market price, ensuring immediate execution but with potential price variations.
- Limit Order: Allows you to specify a desired price at which your order should be executed, enabling you to buy or sell at a predetermined price.
- Stop-Limit Order: Combines features of stop orders (triggers an order when a specific price is reached) with limit orders (sets the execution price).
Enter the amount of crypto you wish to buy or sell.
Set the price or price limit depending on your order type.
Click on "Buy" or "Sell" to submit your order to the exchange for execution.

Step 5: Managing Open Orders

Click on "Orders" in the top menu bar to view your open orders.
This section provides a real-time snapshot of all your active orders, including order type, price, amount, status (e.g., pending, filled, cancelled), and execution time.
You can cancel or modify open orders by clicking on the respective buttons next to each order.

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！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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