50x.com
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50x.com
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How to trade on the crypto exchange 50x.com?


The first and most important thing to know about cryptoexchange 50x.com (go online), is that it is not for beginners. The platform has no training materials and no demo mode. Therefore, traders who already have a wealth of theoretical knowledge and experience working on a real account can work on it.

Trade terminal

The trading terminal on the exchange 50x.com standard, about the same as on most others cryptocurrencies. It opens by clicking on the “Trading” button in the upper left corner of the site. The “Tradingview” chart can be switched to the information spreads chart, “BID/ASK”.

The “Tradingview” price chart is in the center of the page, by default it shows the dynamics of the price BTC/USDT, it is marked in the upper left corner of the terminal. It is not possible to switch the trading pair directly in this place, it is done in the list of cryptocurrencies on the right side of the price chart. You can select a pair by filter or by clicking on the coins of interest from the right and left side of the list. In this case, the title of the list specifies the cryptocurrencyThe user performs calculations in it.

On the “Tradingview” price chart in the upper left corner, you can choose how the cursor is displayed. The “D” icon is a selection of the time frame from the drop-down menu, from 1 minute to 1 week. The Japanese candlesticks icon is a choice of chart display, also in the drop down menu. The Fx icon is indicators and oscillators that can be set on the price line, if the trader knows what kind of indicator he needs, he can find it in the drop down menu search.

Top 5 best cryptocurrency exchanges

Exchange Bonuses Registration
1

Until 4000 USD

Registration Bonus
2

Until 10000 USD

Welcome Bonus
3

2 USDT

Welcome Bonus
4

1000 USDT

Bonus for futures trading
5

0%

Fee for withdrawal to bank card

A number of tools for the analysis are placed to the left of the price chart, they are activated not by clicking on the icon itself, but by the arrow to the right of it. The list of tools includes Trend Lines, Fibonacci and Schiff tools, various curves, ellipses, trajectories and many others.

At the top right of the price chart, the settings icon allows you to select the type of visual display, bar values, specify what should be visible on the chart, arrange the price labels and other parameters. In this part of the chart, you can also expand it to full screen or take a snapshot to fix the price situation. Additional options include the ability to show or hide placed orders, reset all settings, or save them.

Buying and selling assets

The asset buy and sell service is located below the price chart. By default, it is suggested to place limit orders, this is displayed in the upper right corner of the service, where limit orders can be changed to market orders (Market). The left side of the service activates buy or sell functions, selects the cryptocurrency and price. How many coins from the deposit are offered to spend is marked by moving the point on the line under the price and quantity parameters. Even below, the distribution of the user’s funds according to the placed order is shown.

If the order is “Limit”, there is a service for setting limits, stop loss and take profit to the right of the buy or sell functions. If the order is a market order, to set limits, go to the “History” tab and change the parameters after execution, according to the terms of the cryptocurrency.

The Depth of Market is located to the right of the price chart, and the coins to be bought and sold are displayed there after the order is created. By default, the orders are displayed as one column: sell orders, marked in red, are in the upper part of the column, buy orders, marked in green, are in the lower part. You can change the display of the Depth of Market by clicking on the icon in the form of two columns, then the Depth of Market will be displayed in two columns, on the right the sell orders, on the left the buy orders. The Σ1 icon shows the number of coins sold or bought as a base currency, Σ2 as a quote currency. The “%” icon shows how many percent a particular order has left to a conventional “best price.” Under the service of buying and selling crypto-assets there is a table “Orders”, which shows: open and history with the indicators of profit from a particular order.

Marketplace

Under the Depth of Market there is a table of market conditions for the coin that the user has selected as the base for the trading pair. The number of coins in circulation, the price, the percentage change as of “yesterday” relative to the day on which the user trades is shown. The history of incoming transactions is presented under this service.

The history of recent trades on coins from an exchange listing or quoted currency relative to the selected base currency can be viewed on the left side of the buy and sell service. Under the history of user orders in the “My Trades” section the client can see the chronology and statistics of all his trading actions in the terminal. Below this section is the statistics of actions displayed in bitcoins. And to the right of them is the statistics on outgoing transactions.

To the right of the section “Orders” in the section “Wallets” in the form of a table shows the status of the user’s wallets, in all the coins of the listing. Each line in the table is active, by clicking on it on the monitor the information about the chosen coin, replenishment and withdrawal addresses, commission is displayed. More detailed information about the coin is activated by clicking on the icons at the end of each line.

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