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Get Started with Trading
Go to the main page of LYOTRADE and click on Register. Once you are redirected to the registration page, provide a valid email address and a unique password. We recommend signing up with an email ID from gmail, outlook or a similar well-known email provider to avoid failure of receiving the necessary OTPs known to be resulting from lesser-known domains.
You have to verify your account via the know your customer (KYC) process.
- 1.Select the profile icon and go to the [Personal Verification] menu.
- 2.Process the verification of Tier 1.
Once the account is verified, you can deposit on LYOTRADE.
- 1.Go to the [Digital Account] page.
- 2.Select the cryptocurrency and click [Deposit].
- 3.Send the amount to the wallet address that will appear.
- 4.Alternatively, you can proceed to buy crypto through fiat, and the crypto will be deposited into your LYOTRADE's spot wallet after the transaction is successfully completed.
- 1.Move the cursor over the Trade menu and then click on [Basic] or [Advanced]. This will show you all the current market details.
- 2.(Example) In order to sell BNB for BTC at the present Bitcoin price, you have to pick BTC in the right panel. Then, click [BNB/BTC] and you will see the corresponding trading page.
- 3.Keep scrolling down until you see [Buy BNB] and [Sell BNB] options.
- 4.Use the [Sell Coin] option to sell BNB. Enter the amount you want to sell.
- 5.Click the [Sell BNB] bar afterward. You will see a [Limit Sell Order Created] pop-up immediately.
- 6.Scroll down to the [Open Orders] section afterward to see the limit sell order.
- 7.Wait for the open order to complete, and once it happens, your trade will be completed.