How to buy and sell ORAI coin? Detailed tutorial

To buy ORAI coin, choose a reputable crypto exchange such as Binance, register an account, fund it, and place a buy order for the ORAI/USDT trading pair.

Oct 02, 2024 at 09:35 am

How to Buy and Sell ORAI Coin: A Step-by-Step Tutorial

1. Choose a Crypto Exchange

To buy or sell ORAI coin, you need to choose a cryptocurrency exchange that supports it. Some reputable options include:

• Binance
• KuCoin
• OKEx

2. Register for an Account

On the chosen exchange, create an account by providing your personal information and verifying your identity.

3. Fund Your Account

Once your account is set up, you need to deposit funds into it. You can do this by transferring fiat currencies or cryptocurrencies from external wallets.

4. Find ORAI/USDT Pair

Locate the trading pair for ORAI/USDT. This is where you can buy or sell ORAI using USDT (Tether).

5. Place a Buy or Sell Order

• Buy Order: Select the "Buy" option and specify the amount of ORAI you want to purchase and the price you're willing to pay.
• Sell Order: Select the "Sell" option and indicate the amount of ORAI you want to sell and the price you want to receive.

6. Preview and Confirm

Review the details of your order, including the price, quantity, and estimated fees. Confirm the transaction once satisfied.

7. Execute the Order

Depending on market conditions, your order may be executed immediately or may take some time to fill.

8. View Your Funds

Once your order is complete, the ORAI coins you purchased or sold will appear in your exchange wallet.

Selling ORAI Coin

1. Find ORAI/USDT Pair

Navigate to the ORAI/USDT trading pair on the same exchange where you bought it.

2. Place a Sell Order

Select the "Sell" option and input the amount of ORAI you want to sell and the desired price.

3. Confirm and Execute

Review your order details and confirm the sale. Your ORAI will be sold at the specified price, and the funds will be credited to your exchange wallet.

Additional Notes:

• Transaction Fees: There may be transaction fees associated with buying or selling ORAI on exchanges.
• Market Volatility: The price of ORAI can fluctuate rapidly, so it's crucial to stay informed about market conditions before buying or selling.
• Security: Store your ORAI coins in a secure hardware or software wallet to protect them from theft or loss.