Let us know the most important trading platforms and how to buy and trade cryptocurrencies on them, including the most important platform Binance, Coinbase, Bittrex, CEX.io and MetaTrader 4.
1. One of Binance trading platforms
It is a leading trading platform in the field of cryptocurrency trading, launched in July 2017.
It is a very active platform that keeps on innovating in the field of cryptocurrencies until it has already become one of the top five cryptocurrency trading platforms in the world.
On Binance, you can buy directly using your bank card.
This is an important feature that was not available before and was added a few months ago to facilitate access to the cryptocurrency market!
You can also deposit Bitcoin or any other cryptocurrency available to you to your Binance account and trade it against other currencies.
There are many benefits to using Binance?
Transaction fees are low. By choosing the currency of the platform BNB Binance Coin as a way to pay fees.
You will benefit from a 50% cost reduction paid directly from the BNB available in your account. You only need to buy some BNB currencies and activate the feature of paying fees by this currency.
The platform’s interface is easy and simple and affordable, even if you’re new to the world of cryptocurrencies.
The site is constantly improving, the team is very present and innovates a lot, and support is fairly fast, unlike many other platforms.
Binance platform offers a large number of currencies for trading
Steps to register on Binance
Step 1: Start, go to: Binance
Once you’re on the page, it’s very simple. Click “Register” at the top right of the page or “Create Account” in the middle.
Enter your email address and choose a strong password.
An email with a confirmation link will be sent to your address.
You can activate additional security on your account by activating what’s called 2FA. You can activate 2FA on Binance using Google Authenticator or use code received via text message. But you must stop yourself first about this property in order not to fall into the problem of the inability to access your account that you lost your phone! So I do not recommend you to use 2FA until you know what it is and how to act to recover accounts in case the phone was stolen or damaged.
If you know how to behave with two-stage protection methods, it is a feature available on the platform to enhance the security of your account.
If you don’t want to do this right now, you can click on Skip for now and activate it later.
Step 2: Make your first deposit into your Binance account
Now after logging in, you can deposit by bank card, Bitcoin or any other cryptocurrency into your Binance account.
To do this, click “Wallet” at the top of the page, and choose Exchange Wallet
Step 3: Make your first sale and purchase of cryptocurrencies
Now that you deposit money on Binance, you can start trading.
Click “Market” at the top left of the screen, then choose “Basic” or “Advenced.”
Step 4: How to buy cryptocurrencies on Binance platform
You have 4 options:
Market: Buy directly at the market price
Limit: Set the purchase price ie choose the price at which you want to buy.
Stop-Limit: This option allows you to specify the time to place a buy or sell order in advance, where a buy or sell order will be listed or not depending on the conditions set by you that are related to the evolution of the price during the trading day.
OCO: This option allows you to combine the two options “Limit” and “Stop-Limit” where you place an order to buy or sell in two different ways, if the order was executed in some way! The other way is automatically canceled… a nice addition that enables you to seize opportunities
2. One of the most important trading platforms Coinbase platform
One of the best platforms in the field of buying digital currencies by Visa or MasterCard
The first step to buying Bitcoin is to register
First you need to register here Coin base, and follow these steps:
After opening the link go to Sign up.
Then, enter your personal information such as your name, nickname, password and email, then read the terms and accept them if you want, and click Create Account.
And then you go.
Then enter the information to enter your coin base account.
Then the coin base platform will send you a message on your email that you have written in the account registration in order to verify them to log on and to verify the device from which you entered.
Go to your email to verify the message sent to you by Coin Base, and click on the verification link
Activate the account by uploading the passport to the site, or driver’s license if you hold US citizenship and activation is within 5-30 minutes, and you can also photocopy documents through the application in the phones.
After the activation process you can easily buy Bitcoin via PayPal or via Visa and receive currency directly.
You can convert the Bitcoin, Ethereum or Light Coin that you have purchased to the trading platform or any portfolio of your choice.
3. Explain the cex.io platform to buy and exchange cryptocurrencies
First: CEX.io platform
A platform or exchange for the exchange of cryptocurrencies or cryptocurrencies and was a precedent equipped with Bitcoin mining
In turn, it is the exchange of cryptocurrencies for paper money, such as the US dollar, the euro, the pound sterling and the Russian ruble.
According to Maker-Taker, the exchange charges a commission of 0% to 0.25% commission on trading operations.
You can trade on trading platforms via the web or mobile app to buy cryptocurrencies.
The first step to withdrawing Bitcoin is to make sure your card is synchronized with the CEX.io system.
To ensure compliance with local money laundering laws.
It is the most troublesome part of the process but worth doing for the future benefits you will gain from being able to easily get your bitcoin via your debit card and return to CEX.io for trading as well.
Provide your card information:
Step 1: Card information
You need to go to “Card manager” at the top right of the CEX.io platform.
Then you need to enter your card details and this includes your name, card number and expiration date.
The information you provided must therefore be verified.
Step 2: Ancestral image
You need to provide two photos, the first is your photo with the bank card, the second is the photo of the bank card with your ID card.
When taking pictures it is important not to wear anything that obscures your face.
With this, CEX.io can verify that your card belongs to you.
So do not fall into trouble with the organizers! So provide the required images, so that the images are of excellent quality, and also do not forget to look directly at the camera.
Step 3: CVV security code
All you have to do is enter your CVV code located on the three-digit bank card on the back of your card.
Step 4: Check the fees
The last step is for CEX.io to deduct a small amount from your card.
You’ll see where you set the amount – for example, 0.20 cents – and the platform will return it to you.
An important trading platform on XTB is MetaTrader 4
It is the industry’s most popular trading platform, offering XTB customers all the advantages of a popular platform with ease to use.
There is a wide range of analytical tools that are correctly designed as well as the ability to add strategies, indicators and automatic oscillators
How to register on the Beatrix trading platform
Visit the official website of the bittrex platform then click on the login icon and register with your email address and password.
Verify your email address by clicking on the link in the email that you send to Bittrex trading platforms, this will enable you to login.
Deposit some cryptocurrencies at the top of the page When you first log in, you will see a list of all markets of the Bittrex trading platform.
Use the search bar to find the currency you wish to deposit, and then click the plus sign icon. A deposit box will appear that will allow you to create a deposit address.
When you see the address ready to deposit, it is best to start with a small amount and if everything is OK you can move to a larger deposit.You can make your deposit by sending money from a hidden currency wallet you already have.
Wait for blockchain verification after your transaction receives a number of blockchain confirmations. You will receive a deposit and be ready to trade.
Find the pair you want to trade When the deposit is ready to trade, find the desired trading pair on the markets page.
Place your order
For basic trading, the most important section to focus on is the book of orders.
Here you can view all purchase, sale or order orders that have already been placed by other users.