How to trade virtual currency? Newbies who don't understand come and take a look 👍👍👍
For example:
1. You want to buy Bitcoin (BTC).
2. You register an account on the exchange and deposit RMB.
3. In the exchange, you use RMB to buy Bitcoin.
4. If you want to hold Bitcoin for the long term, you can withdraw it to your own wallet.
5. If you want to sell Bitcoin, you can place an order on the exchange, and when someone buys, Bitcoin will be exchanged for RMB.
Summary: The trading process of virtual currency can be simply summarized as: create a wallet → deposit → buy and sell → withdraw. The whole process is similar to online shopping or stock trading, but the object of the transaction is virtual currency.
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