Steemit Crypto Academy S5 - Homework Post for Task 7 by @edidiongeffiong

CHOOSE ANY OF THE FOLLOWING EXCHANGES AND DEVELOP A BASIC GUIDE ON HOW TO USE IT, INDICATING WHETHER IT IS DECENTRALISED OR CENTRALISED

HUOBIKUCOINWAVES DEX

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Hello Steemians,

hope you guys are doing fine, cause am doing fine as well.
Today i will be sharing with you a guide on how to use Huobi.com and to indicate whether it's centralised or decentralised exchange.

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BASIC GUIDE ON HOW TO USE HUOBI

1. To get started;

• You have to download the app or you type in Huobi.com in your chrome or firefox then you click search

Then the page below will open,

• Then you will see a space to fill your detail, which you can put either your phone number or your Email
• Then you click sign-up when you're done

After signing up you're free to start using the tools.

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2. Steps on how to buy & sell cryptocurrency

• click on Buy crypto of the page
• click on Quick buy/sell

• Then you fill in amount you want
• Then you click Buy BTC when you're done

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3. To check the price of any cryptocurrency

• click on market, then you will be able to see weather the price has rise or fall.

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4. To start trading

• you first of all click on spot trading
• Then you will see four options, then you select the top one which is spot trading

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5. To get Huobi wallet the first thing you should do;

• Is to click on Finance
• then you will see several options, then you select Huobi wallet

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INDICATIONS ABOUT HUOBI WHETHER IT'S A CENTRALISED OR DECENTRALISED EXCHANGE

• It's a centralized exchange platform because the funds in which we used in purchasing cryptocurrency is higher than the decentralized own.

• And it is more secure than decentralized exchange, which make hacking more difficult

• It's a centralized exchange because it allows us to register with our personal information which is the account details, location etc.

• And it takes shorter time during any transaction

Thanks for reading through my post.