1 thought on “The most basic transaction process of cryptocurrencies”
Timmy
In the cryptocurrency market, the transaction is 7*24 hours, and the market change is calculated in seconds. So how to do the most basic complete transaction process through the RMB, the following general ideas for reference.
First of all, you must register a cryptocurrency exchange account on the cryptocurrency exchange, similar to the shareholder account in the stock market for logging in to the cryptocurrency exchange. Recommended cryptocurrency trades all currency trades, fire currencies, etc.
The real -name authentication after opening an account, and binding bank cards or Alipay or WeChat for final withdrawal.
In landing in the exchange, the cryptocurrency recharge in the transaction. This is the use of RMB to purchase the corresponding amount of cryptocurrencies. Usually, it is first purchased by the Tenda currency USDT. Buy/invest in other mainstream coins or cottage coins. At this time, because the cryptocurrency purchased by fiat currency, the currency is under the fiat currency sub -account. If you want to buy other cryptocurrencies for transactions, then you need The sub -account is transferred to the coin trading sub -account. When the funds are drawn to the coin trading sub -account, you can buy other currencies for transactions.
Is when you need to sell cryptocurrencies after profit or stop loss, you can sell orders in the transaction. Usually sell it back into USDT. After the transaction is successful, the cryptocurrency returns to the coin sub -account. When you need to withdraw, you need to transfer the cryptocurrency to the fiat currency account, then find a fiat currency transaction in the transaction, sell digital assets, and specify the bank card, Alipay or WeChat used for withdrawal for the initial withdrawal.
usually about 5 minutes. The withdrawal is successful and the transaction process is completed.
In the cryptocurrency market, the transaction is 7*24 hours, and the market change is calculated in seconds. So how to do the most basic complete transaction process through the RMB, the following general ideas for reference.
First of all, you must register a cryptocurrency exchange account on the cryptocurrency exchange, similar to the shareholder account in the stock market for logging in to the cryptocurrency exchange. Recommended cryptocurrency trades all currency trades, fire currencies, etc.
The real -name authentication after opening an account, and binding bank cards or Alipay or WeChat for final withdrawal.
In landing in the exchange, the cryptocurrency recharge in the transaction. This is the use of RMB to purchase the corresponding amount of cryptocurrencies. Usually, it is first purchased by the Tenda currency USDT. Buy/invest in other mainstream coins or cottage coins. At this time, because the cryptocurrency purchased by fiat currency, the currency is under the fiat currency sub -account. If you want to buy other cryptocurrencies for transactions, then you need The sub -account is transferred to the coin trading sub -account. When the funds are drawn to the coin trading sub -account, you can buy other currencies for transactions.
Is when you need to sell cryptocurrencies after profit or stop loss, you can sell orders in the transaction. Usually sell it back into USDT. After the transaction is successful, the cryptocurrency returns to the coin sub -account. When you need to withdraw, you need to transfer the cryptocurrency to the fiat currency account, then find a fiat currency transaction in the transaction, sell digital assets, and specify the bank card, Alipay or WeChat used for withdrawal for the initial withdrawal.
usually about 5 minutes. The withdrawal is successful and the transaction process is completed.