The first thing you will need to begin trading Crypto Stocks is to have USxD in your wallet. Every Crypto Stock is listed in pairs with USxD. USxD is a stablecoin whose value is pegged to the US dollar, each USxD is worth $1.
To get USxD you need to deposit either Bitcoin or Ethereum.
- Enter in the Balance section;
- Click on Deposit for Bitcoin or Ethereum.
By clicking on Deposit all you have to do is copy the address and paste it into your personal wallet where you hold Bitcoin or Ethereum and send the transaction.
You then have to wait for the transaction to complete to see the deposited amount in the balance.
The time it takes to process the transaction depends on network congestion and could take even hours.
Next:
- Go to the trade section
- Select the BTC/USxD or ETH/USxD trading pair
- Choose the amount of USxD you would like to receive by depositing the corresponding amount in BTC or ETH in the market section.
- Click on Sell ETH (or sell BTC).
You will trade your Bitcoin or Ethereum at the market price and receive the chosen amount of USxD directly into your balance.
The transaction takes only a few seconds. You are now ready to buy Crypto Stocks.
Comments
0 comments
Article is closed for comments.