How to Buy and Sell Crypto on Bitget - Step-by-Step Guide
Cryptocurrency trading is becoming increasingly popular as more individuals want to invest in various digital assets.
Bitget is amongst the platforms that enable users to buy and sell cryptocurrencies in a safe and user-friendly interface.
In this guide, we will tell you how to buy and sell crypto on Bitget step by step and you will also have all the necessary information to start using the platform.
What is Bitget?
Bitget is one of the top cryptocurrency exchanges that provide various trading types—spot, futures, and copy trading.
Known for its high security and easy-to-use features, Bitget is a great choice for beginners as well as professional traders.
There are plenty of cryptocurrencies to choose from, so one can easily diversify one's investment portfolio.
Creating an Account on Bitget
To even begin trading on Bitget, you will have to do is sign up. Here’s how to do it:
- Visit the Bitget Website: Navigate to the official Bitget website.
- Sign Up: Select the "Join Now" button and enter your email address and a strong password. Or you can simply, register using your mobile number.
- Verify Your Account: Bitget will ask you to verify the account for security reasons. Enter the requested information to confirm your identity (usually an ID and a picture of you with it).
- Enable 2FA: Enable two-factor authentication (2FA) to add an extra layer of security to your account.
Depositing Funds
Now that you have set up your account, you need to deposit some real money to start trading.
- Log In: Log in to your Bitget account.
- Go to Wallet: Navigate to the "Wallet" section.
- Select Deposit: Select the cryptocurrrency you would like to deposit. Bitget also has an extensive list of cryptocurrencies which ensures you would find whatever coin you prefer.
- Copy Deposit Address: Copy the deposit address in Bitget.
- Transfer Funds: You will be given the copied address to send your money from your external wallet. Make sure you are sending the correct cryptocurrency to each address.
Buying Crypto on Bitget
Now that you have funds in your account, you can start buying cryptocurrencies.
- Go to the Trading Section: Navigate to the "Spot Trading" section on Bitget.
- Select a Trading Pair: Pick up the trading pair in which you wish to trade. You are expected to click on a pair, i.e., if you want to purchase Bitcoin, then choose the BTC/USDT.
- Choose Order Type: When you place an order, you need to choose the type of order that can be a market order, a limit order, or stop-limit. Market orders are the simplest to use and execute instantly at the current market price-perfect for first-timers.
- Enter Amount: Enter the amount of cryptocurrency you want to purchase.
- Execute Order: Click "Buy" to execute your order.
Selling Crypto on Bitget
Selling cryptocurrencies on Bitget is just as straightforward as buying them.
- Go to the Trading Section: Navigate to the "Spot Trading" section.
- Select a Trading Pair: Choose the trading pair you want to trade. For example, if you want to sell Bitcoin for USDT, select the BTC/USDT pair.
- Choose Order Type: Select the type of order you want to use. Market orders are recommended for quick transactions.
- Enter Amount: Enter the amount of cryptocurrency you want to sell.
- Execute Order: Click "Sell" to execute your order.
Advanced Trading Features
Bitget has some advanced trading options for experienced traders.
Futures Trading
Futures lets you bet on the price of cryptocurrencies in the future. Bitget offers leverage on a variety of futures contracts. Whether this increases the returns on your investment, or losses, is really up to you.
- Go to Futures Trading: Navigate to the "Futures Trading" section.
- Select a Contract: Choose the futures contract you want to trade.
- Set Leverage: Adjust the leverage according to your risk tolerance.
- Enter Order Details: Specify the amount and order type.
- Execute Order: Click "Buy" or "Sell" to execute your futures trade.
Copy Trading
Copy trading allows you to follow and replicate the trades of successful traders.
- Go to Copy Trading: Navigate to the "Copy Trading" section.
- Choose a Trader: Browse through the list of top traders and select one to follow.
- Allocate Funds: Decide how much of your funds you want to allocate to copy trading.
- Start Copying: Click "Copy" to start mirroring the trades of your chosen trader.
Security Measures
Bitget places a strong emphasis on security to protect user funds and data.
Two-Factor Authentication (2FA)
We highly recommend you enable two-factor authentication (2FA) for that additional layer of security on your account. This means you will have to enter a code on your mobile phone as well as your regular password whenever you log in.
Withdrawal Whitelisting
This feature lets you designate a list of addresses that you trust for withdrawing funds. Prevents withdrawing to any un-recognized addresses, decreasing the risk across unauthorized transactions.
Cold Storage
As we can see, most user assets are stored on cold wallets, which is away from the internet and it is extremely hard for hackers to steal the assets.
Conclusion
Bitget is a flexible and reliable platform that serves both beginners and professionals in the world of cryptocurrency trading. It offers features such as futures trading and copy trading to give an end-to-end trading experience.
Through a whole stack of customer service and user expansion, Bitget guarantees the security of the exchange platform and provides users with the most thoughtful service, so that your trading will be free of worry and the road to investment will get further and further.