Lesson 3.0.0. How to Buy/Sell a Cryptocurrency using Another Cryptocurrency

Lesson 36/43 | Study Time: 2 Min
Course: Primary SOC



Lesson 3.0.0. How to Buy/Sell a Cryptocurrency using Another Cryptocurrency

Step 1: Login to your exchange account

Step 2: Click on “Exchange,” “Trade,” or “Spot” (depending on which term your exchange uses) and select any trading platform. If you are new to trading, it will be advisable you use the basic or standard platform.

Step 3: Select the particular crypto pair you want to trade. For instance, if you have Bitcoin (BTC) and you want Binance coin (BNB), select the BTC/BNB pair.

Step 4: Now select whether you want to trade with a market order, limit order or stop order.

Step 5: Insert the amount you want to buy or sell, depending on what you want to do.

Step 6: Click the buy or sell button, depending on what you want to do.

Step 7: Once the trade is executed, check the asset section to view what you have just bought or sold.