Graphic tutorial for buying coins for newbies on BingX exchange app

Navigating the cryptocurrency trading world as a beginner can be simplified with the user-friendly BingX exchange app, offering a step-by-step guide to buying coins.

Nov 23, 2024 at 02:12 am

Graphic Tutorial for Buying Coins for Newbies on BingX Exchange App

Navigating the world of cryptocurrency trading can be daunting for newcomers. However, with the right guidance and a user-friendly platform, buying and selling digital assets can be a straightforward process. BingX exchange app is designed with beginners in mind, offering a simplified and intuitive interface that makes it easy to get started.

Step 1: Register for a BingX Account

• Download the BingX app from the App Store or Google Play.
• Create an account by providing your email address and creating a password.
• Verify your email address by clicking on the link sent to your inbox.

Step 2: Deposit Funds

• Once your account is verified, you need to deposit funds to start trading.
• Tap on the "Deposit" button on the home screen.
• Choose your preferred deposit method (fiat currency or cryptocurrency).

Fiat Currency Deposits:

• Enter the amount you want to deposit and select your local currency.
• BingX supports multiple fiat payment methods, including bank transfers, credit/debit cards, Apple Pay, and Google Pay.
• Complete the payment process as per the instructions provided for your chosen method.

Cryptocurrency Deposits:

• Copy the deposit address generated for the cryptocurrency you want to deposit.
• Send your cryptocurrency from your external wallet to the BingX deposit address.
• Input the transaction hash or provide proof of transfer if prompted.

Step 3: Buy Coins

• Navigate to the "Markets" tab on the home screen.
• Select the coin you want to buy from the list of available assets.
• You can use the search bar to find a specific coin if it's not listed on the main screen.

Spot Market:

• Enter the amount of cryptocurrency you want to buy, or choose from the pre-defined percentage options.
• Check the estimated cost and transaction fees.
• Click on the "Buy" button to confirm your order.

Step 4: Store Your Coins

• Once your purchase is complete, the coins will be credited to your BingX wallet.
• You can access your wallet by tapping on the "Assets" tab on the home screen.
• Store your coins securely by transferring them to a hardware wallet or a software wallet of your choice.