It's no secret that in the 1980s Wall Street pulled out enough millionaires, stock markets were booming, every day a new born rich. Such was the fame of the times, we still see films with references to that period as the Wall Street wolf, with Leonardo DiCaprio. Many were the lucky ones who managed to get hold of big capital, but, of course, not by magic: there were several methods used by these people to become millionaires, and one of them was speculation among the shares of companies seeking to profit Of the sale. In a nutshell. Buy cheap, sell expensive.
As for the growth and market of the wide range of currencies of the upper range of currencies established, began to appear specialized houses where you can change the exchange between criptomonedas, speculating between prices to make a profit. We clarify something: do not promise that this practice will become a millionaire overnight, but with hard work and dedication we can achieve excellent results.
After the explosion of mother of crypto-currency Bitcoin in 2009, and changes over the past few years, the exchange market was latent, and it was at that time when they entered the specialized gaming houses trading portals where not only could Change our criptomonedas by the fiduciary money, but also allow us to play a little with the purchase / sale of dividends. Next, it is presented in Poloniex, a home exchange specialization allows us to exchange with more than 80 crypto-currencies, offering a rich graphical interface of tables and operative in real time, giving the user a better experience and confidence.
Poloniex is a very comprehensive and comprehensive trading platform operations. Therefore, in this tutorial we will learn the basics of how to perform basic operations for your use.
JOIN POLONIEX
For starters, the first thing we do is create an account on the platform. For this, we will go to the main Poloniex Portal.
We just click on the "Create Account" button when we open the following form:
It is going to put our personal data. Do not put fictitious data as further validating our own, and does not match the name we give our identification, we can not complete the validation. You also have to remember that the email that we provide must exist because he has sent us a link to the subsequent verification email.
Once you have completed registration, we will send you a link to our mail to verify it. After that, we are ready to start making our money changers, but we have to accept our own. Poloniex allows us to conduct transactions without checking our credentials, but with a limit of $ 2000 in daily transactions; So if you need to manage more you must validate the account.
To validate the need to enter our account, if it has left - clicking on "Connect", which is below our button to create a new account on the main page. Once we start this session with what we found:
Subsequently, we analyze what we see on the screen; We will focus on the validation of ours. To begin, we will click on the icon that is indicated to us:
After that, we will click on "My Profile" which will lead to the following:
We find ourselves here with our personal data each box, and the bottom support options need 2 photos, identification and another photo of the close-up retention identity cards we send with a piece of "Poloniex" writing paper and the date of when We take the photo, where the document and our face are clearly seen. The portal offers some suggestions here.
After this process, we will go down and select you accept the terms of service, and click "Save Profile". It should be noted that this validation process is done manually, so we have to wait up to 72 hours. After authorized credentials, we can handle a maximum of $ 25,000 per day.
ARRANQUE WITH POLONIEX
What we see?
Everything has to first understand the interface we see, so let's go to the detail section by section.
In this section, we will find currencies available for exchange. In the upper tabs will select as the currency we have or in the currency of origin, and in choosing the list in which we want to trade. What each column means is:
These graphs show the evolution of cryptogon prices in a certain period of time. This period can be changed in one of the options shown at the bottom of this chart. The lower bars in gray opaque reference with the volume of cryptonones treated at that time.
The table below shows the final price of the 24 hours, the second is the percentage change in price, the third is the highest price on the last day and, finally, the lowest price. In the table below, we find the volume of cryptonones processed at that time.
In this image we can make our purchase orders are fixed the amount you want to buy and the price quoted. We must take into account the fact that if you want to do a direct operation, ie to buy at a sale price another user must select the list below; Here's how.
The stop section is a feature of Poloniex. There, you can set a price limit if the lowest prices; If this is the case when the price exceeds this limit, the order will be closed automatically.
Such as shopping, sales paragraph. In this chart, we can place sales orders, in which you set a price, whether you want to sell when someone is willing to buy at that price, or select an open purchase order from the lower boxes.
Here we find the purchase and sale orders. When making a direct purchase or sale, simply click on one of these commands that correspond to the price and the quantity of criptomonedas that they offer.
This is the news section in criptomoneda we exchange.
In this table we can see the depth of the market, that is, the more orders there are for a deeper price.
Here you can see the history of transactions with this cryptonion in real time. If you click on "My operations" we see our history.
From here we can see our purchase / sale orders open, and in the same table, you can change or cancel orders.
Increase of assets POLONIEX
To start the negotiation we need capital. For this, we must make a deposit to our Poloniex account our personal wallet. These deposits can be in this player Poloniex criptomoneda. To go window deposits should click on the "balance" menu, then "deposits and withdrawals." Which will take us to the next window.
Once we see here the list of criptomonedas supported by Poloniex. Although we should look for what cryptoneda that we want to deposit, we will click on the last column "deposit", that generate the address to send the funds. It is important, every time you go to the depot you must perform these steps for a new address is generated, since if it is sent to an old address, we can lose our money and Poloniex is not responsible for the loss of money in such cases.
Finished shipping and confirmed, we will post on the top bar that measures the amount of money you, as in the history accessible from the "Balance" section of the top menu.
Already with the money in our account, we can begin the negotiations.
Create purchase and sales orders WITH POLONIEX
To start trading, we must go to the top menu "Change".
TO BUY
The first thing to do is to select the cryptononeda for which we want to exchange; In our case, we chose Etereum. After that, we go to the section to open a new purchase order. If we make a direct purchase, we will choose some of the orders started in the following list: When this option is selected, we will automatically load into our purchase of the box, all we have to change is the amount you want to buy, Knowing clearly the amount offered to the seller.
Once the information is confirmed, we click on "Buy" and the order remains open. Must be a direct purchase, we will have immediately confirmed. We can see our orders in the list at the bottom of the page or in the main menu, click "order" and then "open orders".
TO SELL
Now is the time to sell. To do this, we place ourselves in the sales box "Sell" and we do the same procedure of contracting. In the case of a direct sale select a command in the following table; If we want to sell at a fixed price, we have to put it in our box. If we sell all criptomonedas that we have, simply click on the amount that appears on the box of the amount of money that we have and will load the corresponding box; The same happens with the price.
When finished, we will click on "Sell" to open the order, or execute the order given direct sales.
WITHDRAW FUNDS
Having transactions completed, it is time to withdraw funds. So let's go to the same section as when depositing funds, "balance" and "deposits and withdrawals." We examine here for critptomoneda we want to delete, for this Bitcoin example and, after that, we will click on "delete" which will open the next.
Place the destination address and the quantity. If you click on the amount that appears above the text boxes, the maximum amount of money we have in our account is automatically added. Then we will click on "Delete". We will send an email with a link requesting Poloniex to confirm the transaction by clicking on the link that gives us the email, and when the opening indicates that the operation was successful.
This house may change a little scary at first because of its complex interface tables and graphics, but it is a matter of practice. It should also be noted that, for the time being, Poloniex does not work in New Hampshire and Washington, and recently changed its terms and conditions; Text to be studied carefully before joining the platform.
