MarsDAO

You can buy any cryptocurrency from the list of trading pairs on the <a href="https://partner.bitget.com/bg/MDAO" rel="noopener noreferrer nofollow">BitGet </a>exchange spot market.Let’s see how you can buy BNB for USDT for an account opened on the exchange.No account verification is required to buy on the spot market, you just need to have the cryptocurrency in your account, in the trading pair with which the purchase/sale is available.You can find out how to top up your USDT wallet <a href="https://medium.com/mars-dao/depositing-and-withdrawing-cryptocurrency-on-bitget-4018f8e6c54a" rel="noopener noreferrer nofollow">in the article here.</a>How to buy cryptocurrency through P2P you can learn <a href="https://medium.com/mars-dao/buying-and-selling-cryptocurrency-through-the-bitget-p2p-exchange-b69f5e6d36f2" rel="noopener noreferrer nofollow">in the article here.</a>For spot trading, go to the menu and expand the “Spot” section, then select “Spot”.<img src="https://miro.medium.com/max/525/0*nFcl9zjrj8lizvRQ" />Select the asset you want to buy by entering the ticker of the asset in the search box. Below you will see a list of pairs with this asset in which you can trade on the exchange.Select the BNB/USDT pair by clicking on it.You can add the pair to your favorites for quick access by clicking on the star.<img src="https://miro.medium.com/max/525/0*b7KgnVHMzUEMzEao" />A chart of the selected pair will appear on the screen.To buy BNB for USDT, you can use different types of orders. An order is an electronic assignment to place your buy/sell order. You can use limit, market or trigger orders.Let’s look at the process of placing a limit order.With a limit order, you can buy a cryptocurrency for a certain value. To place a limit order, select the “Limit” tab on the workspace.Select the type of order by clicking on “Limit order” and specify the price at which the limit order will be executed.Specify the amount of the asset — the order must not be less than 5 USDT.Click on “Buy BNB”.<img src="https://miro.medium.com/max/525/0*9apBO1tdt211w5Wx" />Check the information of the limit order and click “Confirm”.Done! The order has been placed.You can manage the order from the order menu below the main operational field.Go to “Open Orders”, click the “Limit” tab. Here you can cancel the order or check its execution.<img src="https://miro.medium.com/max/525/0*31pjcWVhb3CA79zk" /><img src="https://miro.medium.com/max/525/0*hbX6bLVZpYgilwyR" />Please note that using a limit order does not guarantee that in a specific period of time the price will reach the exposed value and the order will be executed quickly.To buy quickly, set a price in the limit order, closest to the current rate of the asset, or use a market order.If a market order is placed, the order will be executed immediately at the current rate.<img src="https://miro.medium.com/max/525/0*WzMOVSl0OflCr--z" />You can also use a trigger order in the spot market.A trigger order is an order that is executed at a specific price (limit or market order) when the specified trigger price of an asset is reached.To place a trigger order, go to the “Trigger” tab in the applications work menu.Select the type of order, which will be executed when the trigger price of the asset is reached — “Limit Order” or “Market Order”.In the column “Trigger price” specify the price of the asset, when it is reached, the associated order will be placed for execution.In the Buy Price column, specify the asset price at which the limit order will be executed, if a limit order type is selected rather than a market order.Specify the amount of asset to buy, the order size should not be less than 5 USDT.Click on “Buy BNB”.<img src="https://miro.medium.com/max/525/0*mRDE5nwTKfSb9QYx" />Read the trigger order information and click “Confirm”.You can manage the order from the order menu below the main operational field.Go to “Open Orders”, click the “Trigger” tab. Here you can cancel the order, modify it, or check its execution.Once the trigger price is reached, the limit order is activated and the order awaits execution at the limit price. You can also cancel the limit order or wait for it to execute. Information about orders can be checked in the “Order History” tab.<img src="https://miro.medium.com/max/525/0*645olFKTX7cxcaEV" /><img src="https://miro.medium.com/max/525/0*X8iWbyuuJcAJltpo" /><img src="https://miro.medium.com/max/525/0*QhxAW4IsDRMDB2FP" /><img src="https://miro.medium.com/max/525/0*FIh2D33EHGJd-CQ7" />To sell an asset, in the example of BNB for USDT, go to this pair through the pair search or favorites. Under “Sell BNB”, create an order to sell.You can sell the asset similar to buying — by limit, market or trigger order.To place a limit order and sell the asset at a specific price, select the “Limit” tab. Next, select the “Limit Order” order type.Specify the selling price, i.e., the price at which the limit order will be executed and the asset will be sold.Select the amount of the asset to be sold, whereby the order amount should not be less than 5 USDT.Click on “Sell BNB”.<img src="https://miro.medium.com/max/525/0*to9Jtg_0_q0htuaX" />Check the information of the limit order and click on “Confirm”.<img src="https://miro.medium.com/max/525/0*0ur-nv2n1msQMjik" />To sell quickly, set a price in a limit order that is closest to the current rate of the asset or use a market order.If a market order is placed, the order will be executed immediately at the current rate.<img src="https://miro.medium.com/max/525/0*hNTuTkey3iIdlOwf" />To create a trigger sell order, select the “Trigger” tab in the Create Orders menu.Select the type of order, which will be executed when the trigger price of the asset is reached — “Limit order” or “Market order”.In the column “Trigger price” specify the price of the asset, when it is reached, the associated order will be placed for execution.In the Sell price column, specify the asset price at which the limit order will be executed, if a limit order type is selected rather than a market order.Specify the amount of the asset to be sold, the order amount should not be less than 5 USDT.Click on “Sell BNB”.<img src="https://miro.medium.com/max/525/0*k7pu2lN4necyUO2_" />Read the trigger order information and click “Confirm”.You can manage the order from the order menu below the main operational field.Go to “Open Orders”, click the “Trigger” tab. Here you can cancel the order, modify it, or check its execution.Once the trigger price is reached, the limit order is activated and the order awaits execution at the limit price. You can also cancel the limit order or wait for it to execute. Information about orders can be checked in the “Order History” tab.<img src="https://miro.medium.com/max/525/0*iD8dgZMDVOHvUzgJ" /><img src="https://miro.medium.com/max/525/0*BX75LusS2Bk_F6ni" />

Spot trading through the BitGet interface 💻 PC

MarsDAO

Other articles published on Dec 13, 2022

The Crypto Illuminati: Looking At Interchain Security

Price of DOGE Has Climbed 2.05% Over the Last 24 Hours

The $MAGIC of Treasure - Project Rating and Analysis

Cherish Update #01 Intro To Cherish

Update #03 — The Web3 Foundations of Cherish

Digital Wallets: What are they and why do I need one?

Join our free newsletter for daily crypto updates!