How to make money in Spot Market

What is Exchange Market

In Exchange Market, you can convert one digital currency to another. For example, for BTC/USDT, USDT is used to price BTC, which represents how many USDT is worth 1 BTC. These two digital currencies can be converted into each other. You can sell BTC to USDT, and then buy BTC by USDT. USDT is a stable value currency and is equivalent to USD.

How to make money in Exchange Market

When the price of BTC rises, you need to sell BTC to USDT. When the price of BTC drops, you need to buy BTC by USDT. Finally, you will earn the difference (by comparing the amount of BTC you sell/buy). The most important thing is that you can only exchange on CoinCola APP. Please search and download CoinCola on Google Play or Apple Store.

Step 1.

First, you need to transfer your BTC from OTC account to Exchange account. This transfer process is real-time and free. Both OTC account and Exchange account belong to you.

Step 2.

When the price of BTC rises, you need to sell BTC to USDT.

In Exchange Market, Select [Sell], enter the price at which you want to sell BTC, select the quantity [100%], and finally click [SELL BTC] button. When the BTC market price reaches the selling price you set, all your BTC will be sell to USDT.

Step 3.

When the price of BTC drops, you need to buy BTC by USDT.

In Exchange Market, Select [Buy], enter the price at which you want to buy BTC, select the quantity [100%], and finally click [BUY BTC] button. When the BTC market price reaches the buying price you set, all your BTC will be bought by USDT.

How to view Trade History

In Exchange Market, Click [Trade History] and then jump to Trade History Interface.

Step 4.

How to sell BTC to money on Coincola

In Wallet Interface, select [Exchange] and click [Transfer] button. You need to transfer your BTC from Exchange account to OTC account. Finally, you can trade with vendors and sell your BTC to money.

If you still have confusion about the Exchange market, feel free to contact us: [phone].