Mastering Crypto Trading: A Step-by-Step Guide to Depositing Funds on Bitlink Exchange

Bitlink, the renowned cryptocurrency exchange born in Singapore in April 2023, is making waves globally. With licenses from MAS and MSB, Bitlink is not just a platform; it’s a symbol of trust and innovation.

Trading on Bitlink Exchange – Depositing Funds:

To initiate the deposit process on Bitlink Exchange, follow these steps:

  • Log in to your Bitlink account.
  • Navigate to the “Account” section on the Bitlink interface.
  • Locate the “Instant Account” option and click on it.
  • Choose “Deposit” from the available options.

On this page, you will see your Bitlink wallet. At this point, your account balance is zero. To start trading, you need to deposit funds into this account. Select the USDT currency, a widely used stablecoin in most cryptocurrency transactions. Choose the BSC BEP-20 or TRC-20 network for lower transaction fees and faster processing.

Once you’ve selected the network and currency, the system will display a unique USDT deposit address for you. It’s crucial to accurately copy this address, ensuring no mistakes. Then, transfer the desired amount of USDT from your cryptocurrency wallet (e.g., TrustWallet, MetaMask) or your exchange platform (e.g., Remitano) to the copied USDT deposit address.

Buying and Selling Cryptocurrency on Bitlink:

After successfully depositing USDT into your Bitlink trading account, you can buy your favorite cryptocurrencies using the following steps:

  • Choose the “Trading View” option for a user-friendly trading interface.
  • Select the desired trading pair, e.g., BTC/USDT, by navigating through the available options.
    • Limit Order: Set a buying or selling price in advance. This order executes when the price reaches or surpasses the set price, allowing you to control the transaction price.
    • Market Order: Buy or sell cryptocurrencies instantly at the current market price. This ensures quick execution but lacks control over the transaction price.
    • Stop Order: An automatic order placed when the market price reaches the specified activation price. This order may include a limit or market order and a stop price. When the price hits the activation price, the order is placed and executed.

    Select the order type based on your goals and specific trading strategy. Limit orders provide price control, market orders ensure quick execution, and stop orders automate transactions based on market conditions.

    Example: Placing a Bitlink Exchange Buy Order for BNB/USDT:

    • Choose Order Type: Select a buy order (buy orders are typically set at a price lower than the current market price).
    • Set Price and Quantity: Specify the buying price as $207 and the quantity of BNB you want to purchase (considering your entire asset, i.e., 100%).
    • Review Order: Before confirming the order, carefully check your purchase information to ensure accuracy.
    • Confirm Order: Once verified, confirm the buy order. Your order will be sent to the system for execution.

    You can view the successfully placed orders in the “Instant Order” section.

    Withdrawing Funds from Bitlink:

    Before withdrawing funds from Bitlink, create a USDT BEP-20 or TRC-20 wallet on the Remitano platform to receive funds.

    (Note: The last part regarding withdrawing funds from Bitlink seems to be incomplete. If you need information on this aspect, please provide additional details or specific questions.)