Hotcoin exchange novice registration, buying and selling tutorial

To initiate your Hotcoin trading journey, commence by registering an account, completing KYC, and funding your account with fiat currency or via a supported payment method.

Oct 06, 2024 at 09:29 pm

Hotcoin Exchange Beginner's Guide: Registration and Trading Tutorial

Step 1: Registration

• Visit the Hotcoin website at https://www.hotcoin.com/.
• Click on "Sign Up" in the top right corner.
• Provide your email address, mobile number, and create a password.
• Verify your email address by clicking the link sent to your inbox.
• Complete the KYC (Know Your Customer) process by verifying your identity and residence.

Step 2: Buying Cryptocurrencies

• Fund your Hotcoin account via fiat currency deposit, credit card, or bank transfer.
• Click on "Buy Crypto" in the top menu and select your preferred cryptocurrency.
• Enter the amount you wish to buy and choose your payment method.
• Confirm the transaction and wait for the cryptocurrency to be credited to your account.

Step 3: Trading Cryptocurrencies

• Go to "Markets" in the top menu and choose the trading pair you want to trade.
• Enter your desired order type (market, limit, stop-limit).
• Specify the order price, quantity, and trading parameters.
• Confirm the order and wait for it to be executed against matching orders.

Step 4: Selling Cryptocurrencies

• Click on "Markets" and select the trading pair you bought your cryptocurrency in.
• Place a sell order with the desired order type, price, and quantity.
• Confirm the order and wait for it to be executed.

Step 5: Withdrawing Funds

• Click on "Assets" in the top menu and select the cryptocurrency you want to withdraw.
• Enter your withdrawal address and the amount you want to send.
• Confirm the withdrawal and wait for the transaction to be processed.

Additional Tips:

• Set up two-factor authentication (2FA) for enhanced account security.
• Store your cryptocurrencies in a secure hardware wallet for offline protection.
• Use limit orders to control the price at which your orders are executed.
• Read the Hotcoin Help Center and FAQ section for more detailed instructions.