Key Steps in Crypto Trading Operations:

Account Creation & KYC:

Traders sign up on an exchange and complete KYC (Know Your Customer) procedures.

Wallet Setup:

Exchanges provide a custodial wallet, or users can use private wallets (like MetaMask or Trust Wallet) for added security.

Fund Deposit:

Users deposit fiat (INR, USD) or crypto into their exchange account via bank transfers or P2P.

Order Placement:

Users place market, limit, or stop-loss orders to buy/sell crypto assets.

Order Matching & Execution:

The exchange’s matching engine pairs buy and sell orders in real-time. Trades are executed based on price-time priority.

Transaction Confirmation:

A successful trade is reflected in the trader’s wallet instantly on centralized exchanges (CEX). On decentralized exchanges (DEX), blockchain confirmations may be required.

Withdrawal or Holding:

Users can hold assets, stake them, or withdraw to a personal wallet for safekeeping.$BTC $BNB