Graphical tutorial on buying coins for beginners on BitMart exchange app

To purchase coins on BitMart, beginners should first create an account, verify their identity, fund their account, find the desired coin, place a buy order, and confirm the transaction.

Nov 25, 2024 at 04:09 am

Graphical Tutorial on Buying Coins for Beginners on BitMart Exchange App

Introduction

BitMart is a centralized cryptocurrency exchange that allows users to buy, sell, trade, and stake digital assets. This tutorial will guide beginners through the process of buying coins on BitMart using the mobile app.

Step 1: Create an Account

• Download the BitMart app from the App Store or Google Play.
• Open the app and tap "Register" to create an account.
• Enter your email address and create a strong password.
• Verify your email address by clicking the link sent to your inbox.

Step 2: Know Your Customer (KYC) Verification

• To buy coins on BitMart, you must complete KYC verification.
• Tap "KYC Verification" in the app menu.
• Select your country and upload a clear photo of your government-issued ID card.
• Follow the instructions to complete the verification process.

Step 3: Fund Your Account

• Before buying coins, you need to fund your BitMart account.
• Tap "Deposit" in the app menu.
• Select the coin you want to deposit and copy the deposit address.
• Transfer the coin from your external wallet or exchange to the BitMart deposit address.

Step 4: Find the Coin You Want to Buy

• Tap "Markets" in the app menu.
• Search for the coin you want to buy (e.g., Bitcoin, Ethereum, etc.).
• Select the trading pair you want (e.g., BTC/USDT, ETH/USDT, etc.).

Step 5: Place a Buy Order

• On the trading page, tap "Buy."

• Select the order type:

  • Market Order: Buys or sells the coin at the current market price.
  • Limit Order: Buys or sells the coin at a specified price.
• Enter the amount of the coin you want to buy.
• Review the order details and tap "Buy BTC."

Step 6: Confirm the Transaction

• BitMart will display a confirmation window.
• Verify the transaction details and tap "Confirm."
• The transaction will be processed and the coins will be added to your BitMart account.

Tips for Beginners

• Use strong passwords and enable 2-factor authentication for account security.
• Research the coins you invest in before buying.
• Start with small amounts to minimize risk.
• Consider using a hardware wallet for long-term storage of cryptocurrencies.
• Be aware of trading fees and market volatility.