How to buy and sell Bitcoins on Bitfinex?

How to buy and sell Bitcoins on Bitfinex?




There are 2 types of Bitcoin exchanges:
  1. Bitcoin exchange platform where you buy and sell bitcoins from the holder of exchange himself (like NairaEx).
  2. Bitcoin marketplace where you are able to trade bitcoins (like Bitfinex).
On Bitcoin marketplace you can leave the orders to buy and sell bitcoins for the price set by you. So, on Bitcoin marketplaces you can act not only as a buyer or seller, but also as a trader. It’s more difficult and it demands more time, but it allows you to buy or sell bitcoins at a better price.






https://www.bitfinex.com/
Bitfinex is one the biggest Bitcoin marketplaces where you can buy Bitcoins at the best price. But the trading are going in USD.
To sign up:
  1. Enter your Name
  2. Enter your email address
  3. Invent a strong password and enter it
  4. Click “Open account”





Later, you should check your emailbox, find the letter with the subject “Please verify your email address”. Open it and click o “Verify my email address”.





Now you need to deposit money on your Bitfinex click. For that, click on “new deposit”.





If you want to buy bitcoins, you need to deposit money with bank wire (so, you should have USD account in a Nigerian bank). You will also need to submit the documents to Bitfinex to verify your identity. Identity verification will take a few days. Bank wire transfer can take about a week.





After you the money is deposited to your account, you can buy bitcoins.
Go to the exchange page:
https://www.bitfinex.com/exchange
There several types of orders you can use to buy bitcoins. Details you can find in their FAQ. You need to specify the order size (number of bitcoins you want to buy) and preferred price. After that you should click “Buy”.





If you want to buy or sell bitcoins at the best price and you are ready to wait, you can specify the order size (preferred amount of bitcoins you want to sell) and the desired price. If you sell, your order will be put to the “Asks” columns and you will need to wait until it will be matched.





If you want to sell bitcoins immediately, choose “Market” type of orders.





  1. Then you need to look for the bids with the price and amount which are convenient to you.
  2. In order size you can reduce the number, if you want to sell less bitcoins.
  3. Click “Sell”.



How to buy and sell Bitcoins on BitX?






https://www.bitx.co/in/global/en/signup
BitX operates Bitcoin exchanges in several countries around the world. You can securely and easily buy and sell Bitcoins using your local currency. People place orders to buy or sell Bitcoins at particular prices into the system. Whenever a buy order matches a sell order, a trade occurs. BitX takes care of transparency of transactions.
BitX allows you to sell and buy bitcoin with Nigerian Naira, but its market is very limited.
Guide how to get started: https://goo.gl/5q2pVh.





Bitcoin Wallet
BitX is not only a bitcoin exchange platform but also a bitcoin wallet service. You can easily send and receive bitcoins.
To send bitcoins you need:
  1. Specify the bitcoin wallet address of the recipient.
  2. Amount you want to send.
  3. Leave a note (optional).
  4. Type GA code (if you installed GA key to protect your account).





Instant Buy step-by-step
Simply select "Buy / Sell" from the Navigation menu and follow the steps further below.





Steps:
  1. Make sure the Buy button is selected
  2. Choose the currency (the local currency you'll spend or the bitcoin amount you'd like to buy)
  3. Choose the amount for your chosen currency (in this demo, we are spending ZAR 150)
  4. Review the transaction (which shows the exchange rate and the amount of bitcoin you'll receive)
  5. Click buy



How to buy and sell Bitcoins on ANX?






Check your e-mail for your account activation link.





Complete your registration.





Set password:
  1. Create new password
  2. Re-enter password
  3. Click on “Set my password” button





Instant Buy/Sell step-by-step.
Simply select "Buy / Sell" from the Navigation menu and follow the instructions on the right.



How to buy and sell Bitcoins on CEX.io?






https://cex.io/
Trading platform which accepts payments via bank wire transfers and bank cards (Visa and MasterCard).
Guide: https://cex.io/guide.
  1. Enter the email
  2. Enter the password you want to use
  3. Tick the box that you agree to the Terms of Use
  4. Click “Register”





Activate your account through email.





  1. Get registration code.
  2. Click on “Complete registration” button.





Enable Two-Factor Authentification on your account, having chosen either Smartphone app option or SMS/Phone Request option.





  1. Enter confirmation code.
  2. Click on “Confirm” button.





Start using CEX.IO





https://cex.io/trade/deposit#/currency/USD/instrument_id/card?back_to=%2Fbuy-bitcoins
To buy bitcoins, you need to fund your account.
  1. Choose how you want to deposit money: a) with payment card, b) with bank transfer.
  2. Add details of your credit card or bank account.
  3. Type amount you want to deposit.





If you want to buy bitcoins instantly, you can go to “Buy bitcoins” page:
https://cex.io/buy-bitcoins
  1. Choose already offered amount of USD you want to use to buy bitcoins. And click “Buy”.
  2. You can choose your own amount you want to buy:
    1. Type of amount of USD you want to use to buy Bitcoins.
    2. Click “Buy”.
If you want to buy at the best price, you can use Exchange, go to Trade section to find more details (scroll this FAQ a bit down).





If you want to buy bitcoins instantly, you can to “Sell bitcoins” page:
https://cex.io/sell-bitcoins
Choose already offered amount of USD you want to use to buy bitcoins. And click “Buy”.
If you want to buy at the best price, you can use Exchange, go to Trade section to find more details (scroll this FAQ a bit down).





To buy and sell bitcoins at the best price, you should use marketplace and trade bitcoins:
https://cex.io/trade
  • To buy bitcoins:
    1. Choose the Sell Order with the price convenient to you.
    2. Enter amount of Bitcoin you want to buy.
    3. Click “Place Order”.
  • To sell bitcoins:
    1. Choose the Buy Order with the price convenient to you.
    2. Enter amount of Bitcoin you want to sell.
    3. Click “Place Order”.


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