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Trade

Home How to Trade

Trading crypto means buying and selling coins or tokens to make a profit:

1. βœ… Choose a Trading Platform
Pick a trusted crypto exchange with good trading features. Best for beginners: Binance , Coinbase Advanced , Kraken, KuCoin. These platforms let you trade crypto pairs (like BTC/ETH or BTC/USDT).
2. πŸ“₯ Deposit Funds
Deposit fiat (USD, EUR, etc.) via bank, card, or PayPal Or deposit crypto if you already own some.
3. πŸ“Š Understand Trading Pairs
A trading pair is what you’re exchanging:
Example: BTC/USDT = selling BTC to get USDT (a stablecoin)
ETH/BTC = buying ETH using BTC
4. 🧠 Choose Your Trading Style
There are different ways to trade:
Day Trading Multiple trades per day Short
Swing Trading Buy and hold for days or weeks Medium
Scalping Many small trades in minutes Very short
HODLing Long-term investing Long
Start slow β€” crypto is very volatile.
5. πŸ’Ή Place a Trade
You’ll usually see 3 types of orders: Market Order – Buy/sell instantly at the current price , Limit Order – Set your price and wait for the market to reach it , Stop-Loss – Automatically sell if the price drops to protect losses. Example: Buy 0.01 BTC at $65,000 with a limit order Set a stop-loss at $62,000 to reduce risk
6. πŸ“ˆ Use Basic Analysis
You can improve your trading with:
πŸ” Technical Analysis (TA) : Study charts, patterns, and indicators like RSI, MACD, Moving Averages.
πŸ“° Fundamental Analysis (FA) : Look at news, project updates, and macro trends.
7. πŸ›‘οΈ Manage Risk
Don’t trade with money you can’t afford to lose : Use stop-losses to control downside , Start with a demo account if available , Tools You Might Like: TradingView – For advanced charting , CoinMarketCap or CoinGecko – Track prices and market data, CryptoQuant – On-chain metrics
Summary: Crypto Trading Checklist
βœ” Choose a good exchange
βœ” Fund your account
βœ” Learn trading pairs
βœ” Pick a strategy
βœ” Practice risk management
βœ” Use charts to help with decisions
Start today – invite, activate, earn, and watch your digital wealth rise. The Biterise journey is yours to shape – and the rewards are just the beginning.

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