CoinW (Bityes) is a leading digital currency exchange platform that facilitates seamless cryptocurrency trading. This comprehensive guide walks you through every step of buying and selling digital assets on CoinW while optimizing your trading experience.
Account Registration & Verification
- Create Your Account
Visit the CoinW official website to register using your email address and a strong password. - Security Verification
Complete KYC procedures by submitting ID documents for identity verification and confirm your email through OTP authentication.
Funding Your Account
- Navigate to [My Assets] > Deposit
- Select your preferred currency (CNY/USDT/other cryptocurrencies)
- Copy the generated wallet address or scan QR code to transfer funds from external wallets
- Allow necessary network confirmations (processing times vary by blockchain)
Executing Trades
Buying Cryptocurrency
Option A: Limit Order
- Set desired purchase price and quantity
- Click Buy to place order (executes when market reaches your price)
Option B: Market Order
- Select Market Price option for instant execution at current rates
- Enter purchase amount and confirm transaction
Selling Cryptocurrency
- Choose target trading pair (e.g., BTC/USDT)
Enter sell quantity and either:
- Set specific price (Limit Order)
- Accept best market price (Market Order)
- Review order details and click Sell
Withdrawing Funds
- Access [My Assets] > Withdraw
- Select cryptocurrency/fiat type
- Enter external wallet details (double-check addresses!)
- Specify amount and review network fees
- Confirm via 2FA authentication
Security Best Practices
- Enable two-factor authentication (2FA)
- Whitelist withdrawal addresses
- Regularly update account passwords
- Beware of phishing attempts
FAQ Section
Q: How long do deposits take?
A: Crypto transfers require blockchain confirmations (10-60 mins typically). Fiat deposits vary by payment method.
Q: What are the trading fees?
A: CoinW uses maker-taker fee model starting at 0.1%. Fee discounts available for high-volume traders.
Q: Is there a minimum trade amount?
A: Yes, minimums vary by trading pair. Check market-specific requirements before ordering.
Q: How to track my order history?
A: All transactions appear in [Order History] with timestamps and status updates.
Q: What if my withdrawal is delayed?
A: Check blockchain explorer for transaction status. Contact support with TXID if needed.
Remember that cryptocurrency markets involve volatility risks. Always conduct thorough research before trading and never share account credentials. CoinW regularly updates its security protocols to ensure user fund protection.