Upbit exchange novice registration, buying and selling tutorial

To create an account on Upbit, you must provide personal information including your email address, mobile phone number, and a strong password before verifying your identity through OTP or email link.

Oct 06, 2024 at 09:12 am

Upbit Exchange Beginner's Guide: Registration and Trading Tutorial

Step 1: Account Registration

• Access the Upbit website: https://upbit.com/
• Click the "Sign Up" button in the top right corner.
• Complete the registration form, providing your email address, mobile phone number, and a strong password.
• Verify your identity and phone number via OTP or email link.

Step 2: Verify Account

• Submit a photo ID (passport or national ID card) and proof of address (utility bill or bank statement).
• Complete the video verification process, following the on-screen instructions.
• Once verification is complete, your account will be activated.

Step 3: Deposit Funds

• Log in to your Upbit account.
• Navigate to "Assets" and click "Deposit."
• Select the desired currency and deposit method (cryptocurrency or Fiat currency).
• Follow the on-screen instructions to complete the deposit.

Step 4: Trade Cryptocurrencies

• Go to the "Trade" page.
• Select the trading pair you wish to trade (e.g., BTC/USD).
• Choose the order type (e.g., Market, Limit, Stop Loss).
• Enter the amount you want to buy or sell.
• Click "Place Order" to execute the trade.

Step 5: Withdraw Cryptocurrencies

• Navigate to "Assets" and click "Withdraw."
• Select the cryptocurrency and destination wallet address.
• Enter the withdrawal amount and click "Withdraw."
• Confirm the withdrawal by entering your password or security code.

Additional Tips:

• Use a strong and unique password for your account.
• Enable two-factor authentication (2FA) for added security.
• Familiarize yourself with different order types to optimize your trading strategies.
• Monitor market trends and news regularly to make informed trading decisions.
• Consider using a trading platform like TradingView to enhance your trading experience.