What is currencies trading?

Currency trading refers to the transaction behaviors of designated trading pairs that happens on the digital currency trading platform, for example, buying or selling BTC through BTC/USDT trading pairs on the hotcoin trading platform belongs to the currency trading.

At present,most of the transactions of digital currency are completed through currency trading in the exchange, The advantage of currency trading is that the service is 7*24 hours model, the continuously services are also available on holidays , with the mode of T+0.

Buyers and sellers do not have to be online all the time. They’re only need to set up the selling / buying prices , and the Exchange will complete the entrusted price automatically. The system will match the buying and selling price , once the prices are in line with the setting prices , transactions will be completed automatically, and basically there will not be any transaction disputes. The disadvantage is that the Exchanges are located overseas and performing currency tradings , so users can not directly purchase with RMB.

Attention: Different Exchanges have different trading pairs for different digital currencies, for example, the digital currency HTEC of hotcoin trading platform only opens HTEC/ USDT trading pairs,users can only buy HTEC by USDT.