Homework - Topic 2 : How to setup a trading account in a Cryptocurrency Exchange

in hive-108451 •  4 years ago  (edited)

INTRODUCTION
Hello steemians, it is week 2 in the @crypto-academy with our eligible lecturers. The first week of this academy introduced us into the cryptocurrencies and it's techniques, where we are able to learn a bit of the hangs up of the cryptocurrency trade.

In @crypto-academy, after every lectures, homeworks and tasks are given to its students. So In week two, the task is CREATE A SIMPLE BEGINNERS GUIDE FOR ONE OF THE FOLLOWING CRYPTO CURRENCY EXCHANGE. We are guide them through registering, verification,fund deposition and withdrawal of funds.

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REGISTERING FOR AN ACCOUNT.
I have chosen Poloniex as my trading exchange account.

You can register with Poloniex by clicking on this link Poloniex. You will be directed to the home page.

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You will be instructed to put in your email. Please take heed to their tips as it could help you in the future.
Input a password. It is advisable and commendable to use random words, symbols and alphanumeric password. So it would not be easy for one to penetrate your account and remember to keep your password safe.
VERIFICATION

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You would be referred to your email to verify your account
Ensure that your informations are correct
DEPOSITING FUNDS

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To fund your account, you need to login with your username and password.
Click on the three(3) lines at the right side above
Click on wallet for options.
On the options, click on deposit.
Select the assets you want to deposit
Click on continue
Scan or copy your address and make your deposit.
WITHDRAWAL

To withdraw, also click on the three(3) lines just as you did for the deposit.
Click on withdraw
Select the currency that you want to withdraw
Enter the destination address and amount
Click continue.
NB: Before funding or withdrawing to or from your account. Endeavour to do a double check of both addresses to avoid mistakes that can't be reversed.
CONCLUSION
I hope my post will guide you through with opening an account of your own.
Thanks to @besticofinder, for the great lesson and task to check our ability to grap his lectures.
Follow @steemitblog and @crypto-academy to keep up to date with the latest news.

#cryptoacademy #cryptocurrency #introduction #nigeria #steem #beginners

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