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Author Topic: How to trade on a cryptocurrency exchange?  (Read 188 times)

alikaka

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How to trade on a cryptocurrency exchange?
« on: July 25, 2022, 10:18:15 PM »
How to trade on a cryptocurrency exchange?

toxatyt05

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Re: How to trade on a cryptocurrency exchange?
« Reply #1 on: July 25, 2022, 10:20:24 PM »
Here are some strategies in cryptocurrency trading. High-frequency trading is a technique where you can make dozens of trades per second. It is only possible by using a special bot. It monitors the market and continuously makes trades while it is connected to the exchange.
Scalping is a strategy in which you make a small profit on a large number of trades. The more trades you make, the more you earn. Scalping uses many different coins to take advantage of small price changes over a short period of time. Usually this happens within a few minutes, but sometimes it can take a few seconds or hours. But also do not forget that the choice of top cryptocurrency exchange is very important in trading.


jeksonborn

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Re: How to trade on a cryptocurrency exchange?
« Reply #2 on: July 26, 2022, 10:40:54 AM »
A cryptocurrency exchange is a place (site, service) where one can both exchange cryptocurrencies for another and trade them on a regular basis for profit. Among the most famous cryptocurrency exchanges, which also support conversion into fiat money, are Mt.

cashisking86

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Re: How to trade on a cryptocurrency exchange?
« Reply #3 on: July 26, 2022, 03:51:26 PM »
It's quite simple, go to an exchange and create an account. Purchase a crypto you want to trade with like BTC and then search a pair you want to trade it against. Then place a market order.

 

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