How to Buy Cryptocurrency
Overview
You can buy cryptocurrency through the Spot Trading section using the available funds in your account.
A purchase is made by creating an order for the selected trading pair.
Before Buying
Make sure that:
- you have a Cifra X account
- your account has the required currency for the purchase (for example, USDT)
Step-by-Step Guide
- Go to the Trading section
- Select the required trading pair
Examples:
- BTC/USDT — buying BTC with USDT
- ETH/USDT — buying ETH with USDT
- In the Buy section, select the order type:
Market Order
- Select Market
- Enter the purchase amount
- Click Buy
The order will be executed at the current market price.
Limit Order
- Select Limit
- Enter the purchase price
- Enter the cryptocurrency amount
- Check the total transaction amount
- Click Buy
The order will be executed when the market price reaches the specified value.
After Buying
After the order is successfully executed:
- the purchased cryptocurrency will appear in your Spot account
- you can view transaction details in the Transaction History section
Possible Issues
Insufficient Funds
Check:
- the balance of the selected currency
- the transaction amount
Order Is Not Executed
For a limit order:
- check the specified price
- wait until the market price reaches the set value
Error When Creating an Order
Check:
- the selected trading pair
- the entered values
- available balance
Important
- Cryptocurrency prices can change at any time
- Always check order parameters before confirming a purchase
- Trading digital assets involves the risk of losing funds
- Past performance does not guarantee future results.