How to trade on TideBit ?

TideBit
TideBit
May 10, 2018 · 4 min read

When you have fiat currencies or cryptocurrencies in your TideBit account, you are ready to trade on TideBit. When you make a transaction, the fiat currencies or cryptocurrencies will be in your TideBit account immediately. Now let’s take a look at our trading system.

Figure 1: Please login TideBit and go to the “Trading”page.

Figure 1

Figure 2: In the “Trading”page, first you need to choose the market.

Click “Market” for confirming the certain kind of cryptocurrency you would like to buy or sell and the corresponding fiat currency.

you can change the Trade pairs by selecting the different currencies.

Figure 2

Figure 3: Before you trade, you will see two columns ( the green one is Bid price and the red one is Ask price) .These two columns show the trading orders made by different clients .

Figure 3

How to buy

Figure 4: Take BTC/HKD market as an example. If you want to buy BTC instantly at the lowest price, please click the figure of the red sell offer at the top of 73290.

73290: This price is the current price of 1 BTC

Volume 0.1824: the offer wants to release 0.1824 BTC

Amount 13368.0960: 73290* 0.1824= 13368.0960 (HKD) (The amount is 1 BTC 73290 multiplied by the released trading volume of 0.1824)

In the box below, according to your needs, fill in the amount of BTC and click the green button “Buy BTC” to confirm the transaction.

Note:The transaction once made cannot be canceled and the fee will be charged. Please refer to the end of the article for details.

Figure 4

How to sell

Figure 5: If you want to sell your own cryptocurrencies on the platform, you can usually choose the order at the top of the green column .The top order is the current highest price.

Take the green figure 72600 as an example.

72600:This price is the current price of 1 BTC.

Volume 0.1000: This means that this offer wants to release 0.1000 BTC

Amount 7260.0000: 72600* 0.1000= 7260.0000 (HKD) (The Amount is 1 BTC 72600 multiplied by the released trading volume of 0.1000)

In the box below, according to your needs, fill in the amount of BTC and click the red button “Sell BTC” to confirm the transaction.

Note: The transaction once made cannot be canceled and the fee will be charged. Please refer to the end of the article for details.

Figure 5

Figure 6:

Trading (buying and selling) fee on ​​the TideBit platform is 0.3%.

Take BTC charges as an example: Every time you buy/sell BTC, the fee is 0.3%.

Assuming that you bought 0.1824 BTC, the fee would be 0.1824 * 0.3% = 0.0005472 (BTC) and in the TideBit account would be 0.1824 - 0.0005472 = 0.1818528 (BTC).

Suppose you sell 0.1000 BTCs, the unit price is 72600 HKD/BTC, the commission is 72600*0.1000*0.3%=21.78( HKD), in the TideBit account you will get 72600*0.1000–21.78=7238.22( HKD).

Detailed transaction fee link https://tidebit.zendesk.com/hc/zh-tw/articles/360006278834--%E5%85%B6%E4%BB%96-%E6%94%B6%E8%B2%BB%E8%A1%A8FEE-SCHEDULE

Figure 6

Figure 7: All transaction history can be viewed on the “History” page. Click “ History” at the top, and then click “Trade History”.

Figure 7

Figure 8: The fee schedule can be found at the bottom of the page. If you have any questions about the TideBit transaction, please contact us at hello@tidebit.com.

Figure 8
TideBit

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TideBit is a leading crypto asset exchange supporting fiat currency.

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