How to Place your first Trade on Phemex - a beginners guide (How to trade Bitcoin) Q&A

How to easily trade Bitcoin on Phemex? This is a question I'm getting often. In todays video I will explain exactly how you can trade Bitcoin and open long and short position on Bitcoin using the Phemex Exchange. You will learn how to open a long and short position with a limit and market order. This video is an easy understandable tutorial on how to trade Bitcoin. For a more detailed tutorial about the Phemex exchange you can have a look at my Phemex exchange tutorial.

00:00 INTRO
01:30 BITCOIN SPOT & MARGIN TRADING
01:45 BITCOIN CONTRACT TRADING
02:35 ORDER TYPES
05:35 OPEN BITCOIN TRADE
07:30 CLOSE BITCOIN TRADE
08:44 SPOT TRADING

► Want to take the next step in your trading journey ?
► Become A Profitable Crypto Trader

This trading course will teach you everything you need to know about trading Bitcoin and Cryptocurrencies. You will learn how to create your own trading strategy on the basis of real proven models of profitable trading strategies. I highly recommend everybody to invest in themselves and to stimulate your growth as a trader and investor.

► TRADE BITCOIN & ALTCOINS

Codes for Discounts:
Blockchain25 for 25% discount on fees
50Blockchain for 50% deposit boost up to 1BTC

► YOU SHOULD HAVE

🔥 IMPORTANT TRADING VIDEOS 🔥

💙Thanks for your support 💙

And a lot of ❤ to you

See you tomorrow and don't forget to HODL!

►COMMUNITY

The content of this video is not financial advice. You should not make any investments based on this video. I am not liable for any losses you may incur when trading crypto, always do your own research.

#Bitcoin #Phemex #Trading

[grayatkinson]

I just got into bitcoin trading 9 days ago and I just received my first profit, wish I knew about this earlier

[mutyabaismail]

It is awesome explanation! keep it up 👍

[eydaimon]

When I put in the trade, I dont' see stop loss in the confirmation. Is there any reason I wouldn't ? I still get the confirm, but nothing about setting stop-loss.

Update: turns out if there's a position open, you don't get prompted, and you have to do it manually on the active order

[marymuia]

I am a beginner and so determined @Jeroen Thanks a bunch for the video

[vivawebmarketing]

Is there cross / isolated margin applied to the positions?

[marymuia]

@Teresa Thanks always for the connection with Jeroen

[KDMGovender]

Jeroen with trailing stops what trail value do you find works best for bitcoin and for ethereum

[ChrisHavok]

I’m confused, Gemini didn’t have any of these options, not sure what the liquidation price is

[ibnuguswantoro]

Do you guys notice velas 3.0 coming? If haven't this is the gold chance for you. They've been doing development for years to produce this update, it covers great features such as BitOrbit and velas vault. Both of the features aims to make the user experience better

[lanreoshisami]

Do you have video on how to deposit into your account? Thx

[geoferysamuel]

Am from Nigeria how can deposit on Phemex

[henrymiller]

Make video on margin trading also man plz🙏🙏

[mercyclara]

I have been doing some research on the crypto asset "BITCON", and Bitcoin has grown from what was once considered a scam by many into something that has matured into a viable investment made by famous billionaire investors, large institutions, can anyone direct me on how can begin making money on Bitcoin?

[ebrelus]

Damn better show them the leveraged tokens. You can at least wait up the wrong turn (except if you short bitcoin lol).

[humphriesisabella]

Bitcoin investment should be on every wise individuals list now, In few months you will be ecstatic about the decision you made today.