Crypto Trading A to Z beginners guide | Bittrex basic tutorials
How To start Crypto trading and create trading account:
Lot of trading and exchange sites are there but in this post we can see about bittrex site.What is Bittrex:
Built and operated in the United States, Bittrex is the next
generation crypto trading platform created by security professionals. We
are crypto-coin enthusiasts bringing more than 50 years of combined
security and development experience to the trading community from
companies, including Microsoft, Amazon, Qualys, and BlackBerry.
Given the recent security breaches and reliability issues
experienced by other markets, we felt the community deserved better. If
virtual currencies are to truly take off, trustworthy infrastructure is a
prerequisite.
At Bittrex, our mission is to deliver the fastest and most secure trading platform available.
How to Join:
First of all we need to convert our money to Bitcoins [BTC]. First Go to coinbase website and Signup and give your details. Then click deposit and deposit your amount. then clcik buy/sell bitcoins and Buy it.
for Indian users coinbase not supported so you need to convert your ruppee to btc in unocoin website.
click here and create account in unocoin .
USA and Other country users Click here and create account in coinbase [If you register from our website you will get 10dollar Extra(verified)]
for Indian users coinbase not supported so you need to convert your ruppee to btc in unocoin website.
click here and create account in unocoin .
USA and Other country users Click here and create account in coinbase [If you register from our website you will get 10dollar Extra(verified)]
How to add money in Bittrex
How to Add and withdrawal bitcoin money in bittrex exchange trading platform:
In previous post i shared how to add and withdraw money from poloniex site. In this post we can see how to send bitcoin to bittrex and how to withdraw bitcoin from bittrex.
we all know about bittrex trading platform from this site we can
exchange ETH, ALT, UNO like that more than 100 coin markets we can
exchange and we can trade from here. For trading or buying any markets
we need to send bitcoin to bittrex. So we need to create BTC address in
bittrex.
After login go to wallet setting . Type BTC in search bar. see the image;
Then click the + sympol create wallet address after creating you can see btc wallet address.
like this from below image
Copy
this address then go to coinbase account send money to this address now
bitcoin tranfer fees increased it has around 0.001 btc per tranfer. If
you don't have coinbase account read below post and create new account
and buy bitcoins .
Okay
these are the simple steps of transfer our money to bittrex. you can
withdraw bittrex money by clicking minus button. If you have money in
USD just create payeer account from here>>> then convert your usd to bitcoin in payeer then send to bittrex site. This is another way.
How to buy and sell markets in bittrex is very important for making money. First you should read my before posts to start account. Bitcoins is needed to buy markets. Now bittrex newly added USD market also.. But there some markets only available so we will discuss about that later. Now i will teach u how to buy markets in bittrex very easily.
First Go to bittrex account then choose best one and buy it, see the image
This is my sample account, it was my learning period account. First its shows how much amout you have then you choose how much units you want. For buying you should see ask price of market.
see the below image.
Ask rate is 0.00003471 per unit so you can choose 100 units or 1000 units its depend upon your money.
first you write how much units you want then click ask, finally total shows total amount of units then click buy that's all. You can buy any market and any time.
How to Buy Alt coins in Bittrex market
How to buy and sell markets in bittrex is very important for making money. First you should read my before posts to start account. Bitcoins is needed to buy markets. Now bittrex newly added USD market also.. But there some markets only available so we will discuss about that later. Now i will teach u how to buy markets in bittrex very easily.
First Go to bittrex account then choose best one and buy it, see the image
This is my sample account, it was my learning period account. First its shows how much amout you have then you choose how much units you want. For buying you should see ask price of market.
see the below image.
first you write how much units you want then click ask, finally total shows total amount of units then click buy that's all. You can buy any market and any time.
How to buy and sell easily in auto method:
For buying, see the image. first you should see the ask rate
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your ask rate. for example ask rate is 0.0035 you need to buy 0.0030 then put ask rate is 0.0030 and choose less than or equal to. now you no need to wait bittrex. if the market value is decresing it automatically buys for you.. This auto Buy method.
For selling,
Just opposite, choose bid value as greater than real value choose greater than or equal to thats all.
if the prize range is increased it workes fine. No need to pay extra charge.
You can use it as like a stoploss.
These are the basic tips and tricks about bittrex. Before trading you should know about this.
These are the basic tips and tricks about bittrex. Before trading you should know about this.
