Spotlight on Houbi: Trading In Houbi

The process of trading in Houbi is the process of buy and selling but there are different ways and categories in trading in Houbi and other platforms.

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Houbi Trading is easy you need the to know the category to enter like if you are using Naira (NGN) you have to know that there are some cryptocurrency which you can't buy, to know the ones that you can't buy just type NGN in search button then you will see the cryptocurrency that you can buy with Naira (NGN).

Now some ways in which you can deposit asset in hHoubi is what I will be explaining but I advice you use the PC version of Houbi because the Mobile version is having some issues.

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Different ways of Depositing

The first one is with you credit card now I suggest you find out the Crypto that your local currency can buy before you just was it your time.

The second way is Through bank deposit meaning without your card you can deposit money into Houbi but check if Houbi has your currency in their platform before going for that if not you are waisting your time.

The Third way is to Transfer cryptocurrency from one wallet to another so I advice you check whether Houbi has your cryptocurrency you are trying to Transfer before you loose you Asset.

Now we are going to be looking at the categories by which you can trade in Houbi, now many of us already know this so feel free to correct me in the comment section.

Categories

The first one is spot Trading, this is the type of trading that you use the normal. market reports to buy and sell crypto and current time like your normal buying and selling but some fees are included depending on the cryptocurrency you are trying to buy or sell.

The second one is Margin Trading, this Trading happens in another Type of market which deals with Borrowing and Interest it is like savings and staking at the same time but it is not but I advice if you are starting don't try Margin until you are a pro.

The third one is Feature Trading which I advice you don't try or do unless you are a real pro like you are a master at your game in analysis and Market prediction.

Well that is it on this post, maybe on my next entry on this contest I would continue my Question and Answer process but for now bye and stay safe.