For those of you novice traders but confused about how to trade Bitcoin on Indodax, below we will explain to you how to trade Bitcoin and Ethereum for beginners.
For beginners who want to trade crypto assets, it is better to learn trading from Bitcoin first. Apart from Bitcoin, you can also buy Ethereum. After that, you can buy other crypto assets.
But, in this article, for those of you who are really new, we will discuss how to easily trade Bitcoin and Ethereum on the Indodax market first. Trading also uses the instant method, not the limit method.
Here’s the review:
Before starting trading, you only need to understand how trading works. Simple and simple. You only need to buy Bitcoin or Ethereum with as much money as possible.
Then, after some time, the price of Bitcoin and Ethereum will go up, yes, you just have to sell.
For example, today you buy Bitcoin with IDR 100 thousand. In one month, or even sooner, the price can go up to IDR 120 thousand. Then, you just have to sell it.
So, your profit is 20% (IDR 20 thousand from IDR 100 thousand).
You have to get rid of the complicated thoughts of trading Bitcoin. You have to have big capital, you have to learn to read charts and other things that make your head dizzy. Put that aside.
You can do the same on Ethereum too.
For a more complete tutorial, see this article.
Indeed, there are around 114 crypto assets on the Indodax market. All of them have their respective advantages and disadvantages. However, beginners are better off just buying Bitcoin and Ethereum first.
These two crypto assets are the most popular crypto assets around the world. In simple terms, the increase is relatively more promising than all existing crypto assets.
In addition, the decline is not too deep. Later, you also really need to understand how the prices go up and down for these two crypto assets.
Baca Juga : Ethereum VS Bitcoin, Apa yang membedakannya?
Before we start the tutorial how to buy Bitcoin and Ethereum, you must first register as an Indodax member. You can register here.
Follow all the instructions and steps asked as a requirement. Don’t miss anything. Because later, your account will not be verified.
After waiting to be verified. Now your Indodax account is ready. You can click this link to follow the next steps.
Then, you can top up your balance or deposit. Check out the method below:
After the balance on your Indodax account increases, the next step is to buy Bitcoin and Ethereum.
2. Select Bitcoin
3. After entering the Bitcoin page, select buy. Enter the nominal money that you want to transact
4. So that Bitcoin is bought immediately, just select instant
5. After that your balance will decrease because it has been converted to Bitcoin
6. Repeat the same steps on the Ethereum market
After a while or after you hear the price of Bitcoin and Ethereum has gone up, now is the time for you to sell.
1.Select marketplace Bitcoin
2.Search the sell colomn Bitcoin
3.Select instant, and sell your Bitcoin
4.After that, click sell and your Bitcoin has been sold and your balance has increased.
5.Repeat this steps on Ethereum.
Baca Juga : Trading Tips for Beginners
That’s an easy way of trading for beginners on Bitcoin and Ethereum on the Indodax market. You can become even more reliable and get maximum profit when trading.
To do this, you can continue to follow the Indodax.academy article or other content on the official Indodax social media. Everything, you can get it for free.