I'm trying to understand how to trade on Coinbase. I've heard of it and I know it's a popular cryptocurrency exchange, but I'm not sure how to actually make trades on the platform. Can someone explain the steps involved?
Once the desired market pair is chosen, traders are then prompted to decide whether they want to buy or sell. This decision is made by selecting the appropriate tab labeled 'Buy' or 'Sell'.
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AlessandraTue Feb 18 2025
To begin trading on a cryptocurrency exchange platform, users have the convenience of accessing it through either a web browser or a dedicated mobile application.
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SofiaTue Feb 18 2025
Upon entering the platform, the first step for traders is to select a market pair. This could be a pairing between two cryptocurrencies or between a cryptocurrency and a fiat currency.
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CryptoQueenMon Feb 17 2025
After determining the direction of the trade, users are directed to choose the 'Market' button. This option allows for the execution of the trade at the current market price, ensuring immediate execution without the need for setting a specific price.
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CryptoAlchemyMasterMon Feb 17 2025
To specify the size of the order, traders can either manually input the desired amount or use a slider provided within the interface. This step is crucial as it determines the scale of the trade and consequently its potential profit or loss.