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What is Biztranex?
Biztranex is a complete spot trading platform for the main digital resources and cryptocurrencies like Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, Monero and many others. The platform hosts various types of orders to help operators to exploit every situation. According to their website, Biztranex offers the best portfolio of liquid orders in the world, which allows users to easily exchange cryptocurrencies with a minimum of slippage.
How the Biztranex Cryptocurrency Trading exchange platform works
As a user on Biztranex, you can open a trading account in which you deposit your cryptocurrencies like BTC, BCH or ETH. You also have the option to choose a preferred trading market where you can start a purchase or sale order. All transaction information is stored securely in a secure wallet. The following is a step by step on how Biztranex works.
Step 1: Purchase Bitcoin or Ethereum
The first step is to possess, in advance, some digital resources like Bitcoin, Bitcoin Cash or Ethereum. You can buy them from any local crypt that accepts your local currency. Bitcoin and Ethereum, as larger coins, often constitute the base currency for the encrypted market. Once you get the basic cryptocurrency, you can buy any of the 1700 altcoins available on the market.
Step 2: Open a Biztranex account
The first step in opening a Biztranex account is to register your name and e-mail address. The next step here is to activate a 2-factor authentication that will protect your account against possible hacks. Finally, you need to verify your new account. You can do this by providing personal information and official documents. Once verified, your account becomes eligible for higher withdrawals on the stock exchange.
Step 3: make a deposit
Once your account is verified, you can proceed to your first deposit using the BTC, BCH or ETH you have previously purchased. With the base currency in your account, you can buy any altcoin of your choice.
Step 4: Choose the base currency market
Biztranex has 5 basic markets:
- Bitcoin market
- Ethereum markets
- Bitcoin Cash Market
- USDT Markets
- BTN markets
Your basic currencies represent these markets, which you can use to buy any altcoin of your preference.
The details of your purchase orders should appear in the "Buy" box under the trading section.
- Unit: refers to the quantity or quantity of coins you wish to purchase
- Offer: refers to the price you are willing to pay for each unit
- Type: used to indicate the type of order, which consists of a "Limit" (default order) or "Conditional". The "Limit" order is for setting the maximum price based on the "Offer" that you are willing to purchase.
- Total: refers to the sum of the base currency available
Features of Biztranex
Customizable interface
Biztranex allows you to set your preferences and organize the workspace according to your needs:
- Write the trading sidebar and choose if you want it to be on the right or left
- Manage the ticker navigation and save your preferences
- Organize and sort the order book columns
- Set your table's preferences
- Switch between the Dark and Light theme at any time
- You can set up notifications in the browser and custom sound alerts
Other features include a referral program, airdrop, order types and an exchange.
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