How to Bitcoin Trade
Let us you are a new bitcoin trader wanting to start bitcoin trading but you do not know what is bitcoin trading or even how to bitcoin trade. Well this tutorial will get you started explaining what you need to do before starting cryptocurrency trading and tell you one or two things about how to bitcoin trade.
first thing you need to know when it comes to how to bitcoin trade are:
- Bitcoin Practice Account
- BTCUSD Trading Software
- Setting Up Bitcoin Trading Guides
By following these three steps then setting up how to bitcoin trade becomes easy for you as a bitcoin beginner.
Cryptocurrency Demo Account
The first time as trader you start doing some research about bitcoin , you will be so confused as bitcoin trader that you do not even know where to start or what to start with, even getting a demo cryptocurrency trading account and process of setting up this bitcoin trading demo bitcoin trading account will be confusing.
So to setup a demo cryptocurrency trading account you'll need to just follow these steps:
Step1: Find a good crypto broker - Bitcoin demo cryptocurrency trading accounts are provided by bitcoin trading brokers
Step2: Go to this cryptocurrency trading broker and search for the link "Open demo bitcoin trading account" or "Open Bitcoin Practice Account"
Step3: Once you click this type of link, you will then arrive at a page where the cryptocurrency broker will ask you to fill your details so as to register for the demo bitcoin account , The details are your name, phone contact and e mail & country.
Step4: Once you fill your details on this form click the register button, once you finish this registration your cryptocurrency broker will then give you a 'username' for the account you have registered and a 'password' for the account. Along with this a cryptocurrency broker will also provide a link where you can download their bitcoin trading platform. Click the link and download the bitcoin trading platform.
BTCUSD Trading Platform
For this step you will then install the platform you have just downloaded.
To install bitcoin trading software
- Navigate to download folder(to go to download folder, maximize the firefox web-browser window panel & click key board shortcut key CTRL+J, this will bring a popup window panel of the download folder)
- Double-click the setup package of the bitcoin software you've just downloaded.
- Follow the instruction by clicking 'accept' & then click 'next', 'next'…. Until you get to 'finish' button, then click finish button key & your setup is complete.
To Open the Bitcoin trade platform
- Go to desktop and look for the short cut Icon for the Bitcoin Trading platform, it should have the name or logo of the cryptocurrency trading broker. Or you can go to "Start menu" bottom left corner of your comp and form the programs menu look for the name of the bitcoin trading platform.
- Once you Open the bitcoin trading platform, then you need to login to your bitcoin trading platform:
- To Login
- Navigate to 'File' at the tops left corner of the bitcoin trading platform
- A dropdown menu will appear, from the option look for 'sign in' click it
- A Username and Password Sign in window panel pops up, Input your password & username you got when you signed up with your cryptocurrency trading broker.
- If you forget your username & password, open your email account that you signed up with & you will have gotten an email from the crypto broker where you can refer the username and password details.
- After you have logged in to your trading account, now you are ready to learn how to bitcoin trade & how to place trades using these bitcoin trading platform.
How to Bitcoin Trade with the bitcoin trading Platform
So as a beginner bitcoin trader it may seem complex but let us just look at some pointers on how to bitcoin trade this bitcoin trading platform.
The first windows are market watch this is simple straight forward window that display bitcoin trading prices that you will be trading. You can also right click on any bitcoin trading price feed for example any MT4 symbol to open a display of a cryptocurrency chart like the one above, the cryptocurrency chart you will open, click open Chart.
The Data window will show data about you logged in cryptocurrency account, & data of indicators as shown in the above image.
The terminal will show account balance and all open trade, to expand this widow, hover your mouse until the cursor changes, then click & hold down mouse button key and move the mouse up.
Then there is the menu bars, example File, View…. If for example you want to hide the btcusd trading market watch widow, click view and uncheck/untick the btcusd trading market watch widow, the btcusd trading market watch window will disappear. To make it appear again click view again, then check/tick market watch window, it will reappear. Each button on this menu is self explaining for example charts button is a button that manipulates the charts opened, changes timeframe, generally all about charts.
To learn the complete cryptocurrency MT4 platform tutorial go to MT4 Bitcoin Trading Guide & About Bitcoin Trading Platforms.
By now you already know how to trade & can even place a buy or sell bitcoin trade on the bitcoin trading platform by right clicking anywhere on the cryptocurrency chart window above, then click trading, then open a new buy or sell bitcoin trade using the window panel that appears.
But because you don't know when a trader buys or sells a bitcoin trading instrument, and because you do not know how to bitcoin trade with market trading orders, you need to learn just a few beginners bitcoin trading tutorials to complete these how to bitcoin trade tutorial, & because these lesson can't fit on this page here are the links to these how to bitcoin trade guides:
Setting Up Bitcoin Trading Tutorials
1.How to Start Bitcoin trade for Beginners an Online Bitcoin trade Tutorial
3.Online Bitcoin trade Guides & Bitcoin trade Education
4.Best Bitcoin trade Tutorials & Bitcoin trade Training Made Easy
9.Benefits of Spot Bitcoin trade
13.Best Bitcoin trade Platforms/ Best Bitcoin trade Software
14.Live Bitcoin trade Account Types
15.Bitcoin trade Demo Accounts/ Practice Trading
16.How to Trade Bitcoin/ Bitcoin trade How to Trade Bitcoin trade
