common-close-0
BYDFi
Trade wherever you are!

What is the process for buying and trading digital currencies on Kucoin?

avatarBowers DamgaardDec 19, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for buying and trading digital currencies on Kucoin? I'm new to the platform and would like to understand how it works.

What is the process for buying and trading digital currencies on Kucoin?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Buying and trading digital currencies on Kucoin is a piece of cake! Just follow these simple steps: 1. Sign up for a Kucoin account by visiting their website and clicking on the 'Sign Up' button. 2. Complete the registration process by providing the required information and verifying your email address. 3. Deposit funds into your Kucoin account. You can do this by clicking on the 'Assets' tab and selecting the currency you want to deposit. 4. Once your funds are deposited, go to the 'Markets' tab to see the available trading pairs. 5. Choose the digital currency you want to buy and click on its trading pair. 6. On the trading page, you can place a market order or a limit order. A market order will be executed immediately at the current market price, while a limit order allows you to set a specific price at which you want to buy. 7. After placing your order, you can track its progress on the 'Orders' tab. 8. When your order is filled, the digital currency will be added to your account balance. That's all there is to it! Happy trading on Kucoin!