When you’re in the crypto space, it’s no secret that you’ll catch on to lots of financial opportunities along the way. There are many ways to make money with Bitcoin, but trading is one of the most thriving and rewarding routes.
So what is Bitcoin trading?
This strategy involves buying and selling BTC to gain profit. It’s especially suitable if you’re looking for new ways to earn money and level up your financial journey.
If you’re a new kid on the crypto block who doesn’t have any idea about how to trade Bitcoin, then you’re in the right place. Read ahead as we walk you through the process of trading crypto on Cordial Exchange and how to make it work for you.
Before we jump into the process, here is one essential thing you need to keep in mind: Be aware of Bitcoin’s price. Bitcoin is a highly volatile currency. Its value can either soar or plunge overnight, so it’s essential to know every price change in the market.
Note that the BTC price on Cordial Exchange is equal to the current market price.
You may find this useful:
Why cryptocurrency price may differ.
Earn money from Bitcoin trading
Now, how does Bitcoin trading work and how can you make money off it? Once you have a Cordial account, sign in and follow the simple steps below to start trading.
You first have to buy Bitcoin cheaply on Cordial Exchange
Before you sell Bitcoin for a profit, you have to first own BTC. Here are four easy steps to guide you on buying Bitcoin from Cordial Exchange.
Step 1. Login to your Cordial Account
You need a Cordial Account to access all premium features including buying and selling of Bitcoin at the best rates.
Step 2. Click on your BTC Wallet.
You automatically activate two types of wallet when you open your Cordial account: The Naira wallet and the BTC Wallet. You need to click on your BTC wallet and then locate the deposit button. Once you click on deposit, you would be directed to our official whatsapp page where one of our customer agents would be waiting to attend to you.
Step 3. Make a deposit
The amount of BTC you would like to purchase would depend on the current market price as we stated earlier. Upon deciding the amount of BTC you want to purchase, you would be directed to make a deposit into the company's account and your Naira wallet on the platform would be credited successfully.
Step 4. BUY BITCOIN
Once your naira wallet has been credited, you are free to own your own portion of the world's largest cryptocurrency, and start trading with it. All you need to do is click on the Buy Bitcoin option, and provide all necessary details. Your Bitcoin wallet would be fully funded with the appropriate amount.
Sell your Bitcoin for a profit on Cordial Exchange
To begin this amazing journey, you need to consider these steps and you would be enjoying Bitcoin like any other person with little to no technical expertise.
Step 1: Buying and Selling
Trading Bitcoin is literally what it means - a trade; the act of buying and selling. And just like any other trade, you buy low and sell high to make profit. Understanding this basic knowledge is very key on this profit making journey that you are about to embark on with us. In order to buy Bitcoin, consider an amount of money that you are willing to risk against any form of loss. Do not go all in, otherwise, you might lose it all as in any normal regular business. Be willing to part with the money you are willing to lose, or gain over.
Step 2: Trading Strategy.
This is absolutley not as complex as it may seem. Having a trading strategy is one easy way to guide your path on this journey. Lucky for you, we have compiled a couple of strategies on our blog that would be easy for you to navigate through and digest.
Step 3: Go for it!
Once you have step 1 and step 2 covered, make a big go for it! Utilize the trade chart on your dashboard to study the price of Bitcoin at every point, and sell when it reaches a point you find convenient to profit from. The psychology of trading can be quite tricky. It is similar to that of gambling thus you need discipline. Do not get too greedy, else you might lose or win it all. At the end of the day, it is a 50-50 chance give or take.
Start earning by buying and selling Bitcoin today
Cordial Exchange has a growing community of thousands of crypto traders around the world. Apart from buying and selling BTC, lots of ultimately fun and rewarding financial opportunities await you on the platform, like trading giftcards or the affiliate marketing option (refer and earn your income).
Are you ready to start your trading journey?
When you’re in the crypto space, it’s no secret that you’ll catch on to lots of financial opportunities along the way. There are many ways to make money with Bitcoin, but trading is one of the most thriving and rewarding routes.