First time learning crypto? Let's Learn Crypto Basics
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To find out the fundamentals of a coin/token we can do an analysis through the coinmarketcap website where we can take information from a coin or token that we will do fundamental analysis. Information that will be received such as the supply of the coin/token, market cap, performing of the coin/token, daily volume, even the whitepaper which usually contains an explanation of the project being developed by the coin or token.In addition, we can access the website from the coin or token that we are analyzing, because with the website we can more easily see whether the coin project is running or there are obstacles and others. In addition, we can access social media such as twitter from the coins that we are monitoring to see if the project has an update or not.
The steps are : Access Indodax through the website or application available on the Playstore and Appstore Click register then fill in the data such as username, email address, cellphone number, password and nationality then click continue registration. After that, we will be asked for verification via email and cellphone number to complete registration. After verifying, we login on the Indodax website or application.
The steps are : Make sure your indodax account has a minimum balance of 10 thousand to make buying transactions on indodax. If you don't have a balance, then we will top up the balance through the steps described by Indodax. After that we look for crypto assets that we will buy. Then we enter the purchase amount and determine the type of purchase such as limit entry or instant orders. Where if the entry limit is then we will buy crypto assets according to the price we have set. If you use an instant order, you will buy crypto assets according to the current price and will be charged 0.51% of which 0.3% is for exchange and the rest is for tax.
The steps are : Make sure you have a number of crypto assets to sell Enter the amount of crypto to be sold and specify the type of sale such as limit entry(maker) or instant sell(taker). Where if the entry limit is then we will sell crypto assets according to the price we have set. If you use instant sell then we will sell the crypto asset at the current price and will be charged a fee of 0.51% of which 0.3% is a fee for the exchange and the rest is for tax.
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