Since the emergence of cryptocurrency in the financial sphere, traditional means of financial transactions have somewhat taken the back seat in many areas. People who are into cryptocurrency like it and enthusiasts are becoming investors and traders. Buying and selling cryptocurrency instantly have been in high demand, and the number of people making major transactions is getting higher than those just admiring crypto from a distance. If you are considering making major transactions, then there are some things you have to learn, especially how to trade (buy and sell) crypto instantly.
Making cryptocurrency transactions is not as difficult as most people think. However, you can use a good tutorial to get you on the right path. This is where this becomes helpful to you. Here, you will learn how to buy and sell cryptocurrency instantly. This article focuses on the steps to make it easier for you to understand. With that being said, let’s get started.
Buying and selling cryptocurrency assets instantly
To instantly be a newbie to the crypto space, you will need an exchange to register and make transactions. There are many exchanges where you can make crypto transactions. Getting started on any of these exchanges requires a few steps. Each platform may have peculiar procedures, but understanding the steps explained below will guide you when registering on any platform.
What are Crypto Exchanges?
A Crypto Exchange is a place you can trade (buy and sell) cryptocurrencies like hi, kucoin, Eth, BTC, ADA, etc. They are usually beginner-friendly with an easy user interface. It is a great platform for anyone, expert and newbie, in the crypto space. To buy and sell cryptocurrencies instantly, you need to register with any exchange.
Crypto Exchange Examples
Getting started on any Crypto Exchange
Buying and selling cryptocurrencies is almost instant and easy. To begin, first, download the app and sign up. Signing up requires you to provide your personal information and other distinct requirements requested. The processes are explained below:
- Download any Crypto Exchange or Wallet. The application is available for Android devices as well as iOS devices.
- Open the app and click on the “get started” tab
- Create an account. You will use your email address for this. You will click on the “tart” tab, and a link will be sent to the email you provided
- Verify your email address through the link sent to your email
- Provide your phone number. A code will be sent to the number you provide, which you will input to continue with the process.
- Provide your legal name and phone number. You will also provide the last four digits of your social security number.
- Provide your home address
- At this stage, you might be required to decide what you want to use the platform for. The options include online transactions, investing, and so on.
- You will provide your source of income
- At this point, you have to click on the “Let’s go” tab
- This is the point where you link your bank account to the platform. You will pick out your bank from the list
- Then you will log in to the bank account using your log in details
- Select an account you would like to use for transactions and click on the “continue” tab
- You will be led to another interface known as the “home page,” where you can make transactions.
How to buy and sell cryptocurrency on any Crypto Exchanges?
You have an option of buying and selling cryptocurrencies like Bitcoin, Ethereum, and many others on any crypto exchange. Numerous Crypto Exchanges also allow users to send cryptocurrencies to others users and as well as receive from them. You can also swap one type of cryptocurrency to another using exchange platforms and know the current prices of cryptocurrencies. Cryptocurrencies are highly volatile, swinging high and low on price charts. With exchanges, you can stay current on the trends and market behavior of cryptocurrencies and stay up-to-date on stories and news.
Buying cryptocurrency instantly on any exchange
You can buy your first cryptocurrency on a Crypto Exchanges in a few steps. For this explanation, we will use Bitcoin, but the explanation will go for buying any cryptocurrency. Here are the steps to follow to buy Bitcoin on any crypto exchange:
- Click on the “get started” tab to begin the process
- From the crypto assets listed, select Bitcoin.
- Decide on the amount of Bitcoin you want to buy. If a Bitcoin costs more than you bargain to spend, you can buy fractions of Bitcoin. The least amount of Bitcoin you can buy on the platform is $1.99
- Click on the “preview buy” option to view the detail
- Here you will review your order. Crypto Exchanges will charge you for the transaction.
- Select “buy now” to make the transaction.
Congratulations, you just bought Bitcoin. You can decide what you do with your crypto asset. You can choose to keep it or sell it. Since you want to know how to sell your cryptocurrency instantly after buying it, that is what the next decision will be.
How to sell crypto instantly?
After buying Bitcoin, you can trade it instantly. However, it will take up to eight days before you can send it to the recipient. To trade (buy or sell) your Bitcoin or any other cryptocurrency, you will follow these few steps:
- On the main page, click on the blue icon.
- Select “sell” to start the process
- Choose the crypto asset you want to sell. We are using Bitcoin, so you choose Bitcoin.
- Decide the amount you want to sell. If you want to sell everything, you can select the “max” tab on the left side of the page
- Review the transaction. You will be charged some amount for the transaction
- Click on the “sell now” to make the transaction.
With these few steps, you can buy and sell your crypto asset. Of course, how long you decide to keep your cryptocurrency before selling it is completely your choice.
Tips for buying and selling cryptocurrency instantly
- Ensure that the email address and the phone number you provide are accessible to you. During the process of buying and selling cryptocurrency, a link will be sent to the email address, which you will tap on to verify your email. A unique set of numbers will be sent to the attached phone number, which you will provide to continue with the process.
- Note that every transaction you make on most Crypto Exchanges requires some amount. So when making your transaction, keep this at the back of your mind.
- You might want to go over the tutorial sometimes before making actual transactions to have it right when you get into it.
How to Buy HI Dollars
- HI can be bought via Telegram or WhatsApp. Log in to your “Telegram or WhatsApp” Then, in the chat, type “HI” to bring up a menu that allows you to establish an account. To finish the signup and gain access to your hi wallet, follow the instructions displayed on your screen. Your hi wallet is automatically established when you sign up for an account.
- To test it, add some cryptocurrency to your wallet. To bring up the menu, tap the “hi” logo on the main screen and select deposit.
- From the drop-down menu, choose which cryptocurrency you’d like to deposit.
- Copy the Deposit Address to your clipboard and confirm once you’ve selected the crypto you’re depositing, let’s say USDT. You’ve just sent cryptocurrency to your hi wallet, which is great news.