Bitcoin Forum

Economy => Trading Discussion => Topic started by: jamalnasir on December 30, 2017, 06:33:17 PM



Title: Guidance required for Confusing Bitfinex Trading Screen
Post by: jamalnasir on December 30, 2017, 06:33:17 PM
Hi everyone

My account at bitfinex is still pending. However, I was looking at their trading screen and it looks quite confusing to me. For example, in the Order Form, there are following options:

Limit - which I understand is for limit orders
Price USD - I thought its for the amount of crypto that I want to buy, lets say for 100 USD?
Amount BTC - My understanding is that this will then automatically calculate the equivalent amount of BTC that I want?

Maybe am missing something here. Can someone please guide me.

https://i.imgur.com/FpDSWwF.jpg


Title: Re: Guidance required for Confusing Bitfinex Trading Screen
Post by: kimochidesh on December 31, 2017, 06:22:20 AM
There is no rocket science in making a trade on an exchange....no matter what exchange you use basics are always same in all exchanges. Only difference is the change in theme and content positioning on a website which makes a site more user-friendly. Still if you feel some confusion you can watch some tutorial videos on you tube which explaines you everything about trading on Bitfinex. I have attached a youtube link which have list of some tutorial videos on trading on bitfinex.
https://www.youtube.com/results?search_query=how+to+trade+on+bitfinex+
I hope it will sove your problem.