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How to buy coins on bybit

Apr 25, 2024 am 09:59 AM
cryptocurrency usdt exchange

The steps to buy cryptocurrency on Bybit are as follows: register and verify the account; fund the account; find the cryptocurrency to buy; place a buy order; wait for the order to be executed; view cryptocurrency holdings.

How to buy coins on bybit

How to Buy Cryptocurrency on Bybit

Bybit is a leading cryptocurrency exchange that provides users with purchasing A convenient platform for cryptocurrencies. Here is a step-by-step guide on how to buy cryptocurrencies on Bybit:

Step 1: Register and verify your account

  • Visit the Bybit website and click "Register" ".
  • Enter your email address, password and invitation code (if any).
  • Complete the identity verification process, including KYC (Know Your Customer) and AML (Anti-Money Laundering).

Step 2: Fund your account

  • Click on the "Wallet" tab and select "Fund".
  • Select the fiat currency you want to use to fund your account.
  • Select your preferred deposit method such as bank transfer, credit card or third-party payment gateway.
  • Follow the instructions provided to complete the deposit.

Step 3: Find the cryptocurrency you want to buy

  • Click on the “Trade” tab.
  • In the "Trading Pairs" section, find the cryptocurrency you want to purchase (e.g. BTC, ETH).
  • Select your preferred trading pair (e.g. BTC/USDT).

Step 4: Place a Buy Order

  • Enter the amount of cryptocurrency you want to purchase in the "Buy" box.
  • Select your preferred order type, such as limit, market, or stop.
  • Enter the price according to the order type you selected.
  • Click the "Buy" button to place an order.

Step 5: Wait for order execution

  • The order you place will be sent to Bybit’s trading engine.
  • Your order will be executed when there is a matching sell order.

Step 6: View your crypto holdings

  • After your order has been executed, you can view your crypto holdings in the Wallet tab Currency holdings.

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