Welcome to this guide, where we will see how you can buy and sell on Bitget with everything you need to know about it.
We will cover the whole process so you can know how to buy and sell your cryptocurrencies within this platform, and the main variables that you usually find when you are going to make a purchase or a sale.
If you are new to Bitget, you can find more information about this Exchange below, as these aspects are not covered in this guide.
We are going to use the computer interface, but the operation is the same when using the mobile app. The only thing that changes is where certain aspects are located, but nothing relevant.
With the cryptocurrencies in our Bitget account, we are ready to buy. I recommend you to have USDT, as it is the pair that has more cryptocurrencies, and you can exchange it for almost any other cryptocurrency in an easy way and without doing extra steps.
If you have your cryptocurrencies in another account than the spot or trading account, you can move them using the transfer function or transfer and move them from the other account to this one, if for example, you have them in the futures account.
We will go to spot in the menu above. Here we will see the classic cryptocurrency buy and sell panel, where the BTC/USDT pair will usually appear as standard.
The first step is to go to the search engine at the top left, and search for the cryptocurrency you are interested in. Once you find it, click on that pair. For example, ETH/USDT.
In the central part you will see a graph with all the information of the price of that pair, and modify the different time per bar above, in 1m,5m,15m, 1h, 4h, 12h, 1day or 1 week.
The important thing is below. We will look at the bottom left, where it says buy. Here, the first thing you will see is that it is in limit order. And you will probably want to change this.
To do this, under Price, to the right, click on the arrow, and select market order. Since limit order will not buy at the market price, but will place an order at the price you have indicated, and when it reaches that price the order will be executed. If you simply want to buy at the current price, you must select market order.
Now, in total we indicate the amount you want to use to buy. In our example, the amount of USDT you want to use to buy Ethereum. You can use the bar below to indicate a specific %.
With the amount indicated, all you have to do is click on Buy and confirm the transaction. This way, you will have bought your first cryptocurrency on Bitget.
If we go to assets/assets, we should be able to see the cryptocurrency we have bought in the balance.
When you want to sell the cryptocurrencies you want, the process is the same. But this time, we will go to the sell/sell part. If in our example we bought ETH, and we want to sell it again for USDT, we will go to spot again. And we will look for ETH, and click on the ETH/USDT pair.
Here, we will indicate in Price market order, the amount we want to sell and click on sell/sell. Confirm the transaction and you will get your USDT back.
If you want to exchange ETH for BNB or another cryptocurrency other than USDT, you will have to do two steps. Since there are usually no pairs with ETH/BNB for example. Therefore, you must first sell the ETH for USDT, and then use the USDT to buy BNB as we have seen before. In Bitget the pairs are usually with USDT, BTC and USDC. So you can find pairs directly with USDT, BTC and USDC for some cryptocurrencies and avoid having to do these two steps.
I hope this has helped you to understand how buying and selling works on Bitget. If you don’t have an account with Binance, the world’s No. 1 exchange, you can create one just below.