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How to Trade with Cryptology?

August 7, 2024
2 min

Cryptology is an innovative platform designed to make cryptocurrency trading accessible to everyone. Whether you're a professional trader or new to the crypto world, Cryptology provides a secure and user-friendly platform to manage your digital assets. 

This guide will walk you through the essential steps to pass advanced verification, buy crypto, and effectively trade using the platform. 

Passing Advanced Verification

Completing identity verification is crucial for securing your account and accessing all the features of Cryptology. Here’s how to pass the Advanced Verification:

  1. Provide Personal Information: Enter your full name, date of birth, residency, citizenship, and mobile phone number.
  2. Submit Identification Documents: Take a clear photo of your ID document (passport, driver’s license, ID card, or residence permit) and a selfie with the ID.
  3. Complete the KYC Questionnaire: Answer a short questionnaire, which should take no more than 2 minutes.
  4. Proof of Address: Upload a recent bank statement or utility bill to verify your address.

Ensure all photographs are of high quality with clearly visible data. Once verified, you can fully utilize Cryptology’s features!

How to Buy Crypto

Buying cryptocurrency with Cryptology is straightforward and can be completed in a few steps:

  1. Navigate to the Buy Crypto Page: First, visit the Cryptology website and click on the "Buy Crypto" button located in the upper-left corner of the screen.
  2. Enter Purchase Details: Enter the amount you wish to spend in USD, EUR, or BRL, and select the cryptocurrency you want to purchase. You will see the equivalent amount in cryptocurrency displayed.
  3. Payment: Next, fill in your bank card details and click "Next" to confirm your payment. You will be redirected to the payment system’s website, where you need to enter a confirmation code sent via SMS.
  4. Completion: After entering the code, the transaction will be completed, and the cryptocurrency will be updated in your Cryptology account instantly.

How to Trade with Cryptology

Trading is a little more complex but also involves just a few simple steps that are easy to follow:

  1. Access the Exchange: Start by clicking on the "Exchange" tab on the Cryptology website or mobile app. This will take you to the trading interface where you can view price charts and market data.
  2. Place an Order:some text
    • Market Order: Select the currency and amount you wish to trade. Click "Buy" or "Sell" to execute the order instantly at the market price. Market orders are filled immediately and cannot be canceled.
    • Limit Order: Enter the desired price and order volume. The order will execute only when the market reaches your specified price. Limit orders give you more control over the price at which you trade, but they may not fill if the market does not reach your price.

Make sure you have enough funds in your account. You can manage and cancel orders in the "Exchange" -> "Orders" tab, where you can also track the status of your open orders.

Conclusion

Cryptology provides a straightforward experience for trading cryptocurrencies. By completing the advanced verification, purchasing crypto, and understanding the trading processes, you can effectively manage and grow your digital assets. If you need any assistance, Cryptology's support team is always available to help you explore the platform. You can reach out to them at support@cryptology.com or via a chatbot on our website.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.