What is Exchange Market
In Exchange Market, you can convert one digital currency to another. For example, for BTC/USDT, USDT is used to price BTC, which represents how many USDT is worth 1 BTC. These two digital currencies can be converted into each other. You can sell BTC to USDT, and then buy BTC by USDT.
How to make money in Exchange Market
When the price of BTC rises, you need to sell BTC to USDT. When the price of BTC drops, you need to buy BTC by USDT. Finally, you will earn the difference (by comparing the amount of BTC you sell/buy). The most important thing is that you can only exchange on CoinCola APP. Please search and download CoinCola on Google Play or Apple Store.
Step 1.
First, you need to transfer your BTC from P2P account to Exchange account. This transfer process is real-time and free. Both P2P account and Exchange account belong to you.
Step 2.
When the price of BTC rises, you need to sell BTC to USDT.
In Exchange Market, Select [Sell], enter the price at which you want to sell BTC, select the quantity [100%], and finally click [SELL BTC] button. When the BTC market price reaches the selling price you set, all your BTC will be sell to USDT.
Step 3.
When the price of BTC drops, you need to buy BTC by USDT.
In Exchange Market, Select [Buy], enter the price at which you want to buy BTC, select the quantity [100%], and finally click [BUY BTC] button. When the BTC market price reaches the buying price you set, all your BTC will be bought by USDT.
How to view Trade History
In Exchange Market, Click [Trade History] and then jump to Trade History Interface.
Step 4.
How to sell BTC to money on Coincola
In Wallet Interface, select [Exchange] and click [Transfer] button. You need to transfer your BTC from Exchange account to P2P account. Finally, you can trade with vendors and sell your BTC to money.
If you still have confusion about the Exchange market, feel free to contact us: +852 51261971 or +852 90653442
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CoinCola Team
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Disclaimer: Trading and investing in cryptocurrencies, also called digital currencies, crypto assets, and so on) involves substantial risk of loss. All informations are used at your own risk, and any content on this site should not be relied upon as advice or construed as providing recommendation of any kind.