Deepcoin exchange app newbies’ graphic tutorial on buying coins

To buy coins on Deepcoin Exchange, create an account, fund your wallet, place a buy order, track its status, and withdraw coins when desired, following the comprehensive steps outlined in the guide for beginners.

Nov 25, 2024 at 09:57 am

How to Buy Coins on Deepcoin Exchange: A Comprehensive Guide for Beginners

Introduction:

Navigating the cryptocurrency market can be daunting for newcomers, and the process of buying coins on an exchange platform can be particularly unfamiliar. Deepcoin Exchange app, with its user-friendly interface, aims to make buying coins effortless for first-timers. This step-by-step tutorial will guide newbies through the entire process, empowering them to make informed and successful purchases.

Step 1: Create a Deepcoin Exchange Account

1. Visit the Deepcoin official website (https://www.deepcoin.com/) or download the Deepcoin Exchange app from the App Store or Google Play.
2. Click on "Sign Up" and provide your email address, create a strong password, and select your country of residence.
3. Follow the prompts to complete the KYC (Know Your Customer) process, which involves verifying your identity through document submission.

Step 2: Fund Your Account

1. Once your account is verified, navigate to the "Wallet" section.
2. Select the coin you wish to purchase and click on "Deposit."
3. Choose your preferred deposit method from the available options. Deepcoin Exchange supports a wide range of deposit methods, including bank transfers, credit/debit cards, and third-party payment platforms like Alipay and WeChat Pay.
4. Enter the amount you wish to deposit, providing the necessary payment details, and complete the transaction.

Step 3: Place a Buy Order

1. Go to the "Markets" section.
2. Search for the coin pair you wish to trade. For example, if you want to buy Bitcoin, search for "BTC/USDT."
3. Click on the "Buy" button on the order form.
4. Select the order type that suits your needs. Deepcoin Exchange offers Limit Orders, Market Orders, and Stop Orders.
5. Enter the amount or price of the coin you wish to purchase.
6. Review the order details and click on "Buy" to execute the order.

Step 4: Review Your Order Status

1. Once an order is placed, you can track its status in real-time under the "Orders" section.
2. You will be notified when the order is filled, and the purchased coins will be credited to your account.

Step 5: Withdraw Your Coins

1. If you wish to withdraw your coins from Deepcoin Exchange, navigate to the "Wallet" section.
2. Select the coin you wish to withdraw and click on "Withdraw."
3. Specify the amount you want to withdraw, provide the receiving wallet address, and choose the withdrawal method.
4. Review the withdrawal details and confirm the transaction.

Additional Tips for Newbies:

• Start with small amounts and gradually increase your investment as you gain experience and confidence.
• Research different cryptocurrencies and their market trends to make informed investment decisions.
• Familiarize yourself with the different order types and trading strategies.
• Monitor the market regularly to stay updated on price fluctuations and potential trading opportunities.
• Seek guidance from experienced traders or industry experts if needed.
• Keep your account information and private keys secure to prevent unauthorized access and theft.