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Author: Admin | 2025-04-27
When you’re in the crypto space, it’s no secret that you’ll catch on to tons of financial opportunities along the way. There are many ways to make money with Bitcoin, but trading is one of the most thriving and rewarding routes. So what is Bitcoin trading? This strategy involves buying and selling BTC to gain profit. It’s especially suitable if you’re looking for new ways to earn money and level up your financial journey. If you’re a new kid on the crypto block who doesn’t have any idea about how to trade Bitcoin, then you’re in the right place. Read ahead as we walk you through the process of trading crypto on Paxful and how to make it work for you.Check this out firstBefore you learn how to trade Bitcoin, here are essential things you need to keep in mind. Set a competitive offer margin Margins make your trade offers competitive. This allows you to set your offer above or below the market price. On Paxful, you can set positive (+) and negative (-) margins. Here’s how margins work.Positive (➕) margin – If you’re a Bitcoin seller, setting a positive margin means you’re selling crypto higher than the current market price, allowing you to gain profit. If you’re a buyer, this means you’re buying BTC at a much higher price.Negative (➖) margin – A negative margin means that you’re buying or selling crypto lower than the current market value. If you’re a buyer, a negative margin will allow you to save money by purchasing BTC at a lower price.On Paxful, every trader has full control over their margin limits. Sellers can often tell how much they can earn based on the margins they set. However, it is important to mention that margin limits vary depending on your account verification level and the payment group you choose. Be aware of Bitcoin’s price Bitcoin is a highly volatile currency. Its value can either soar or plunge overnight, so it’s essential to know every price change in the market. For quick prompts, you can enable alerts on the Paxful mobile app and it’ll notify you when Bitcoin rises or falls by more than 5%.Note that the BTC price on Paxful is not equal to its current market price. It always depends on who you buy from and how much they charge you. When buying, carefully check the offer and look at how much you’ll get on the dollar. A higher number often indicates a more profitable trade for you.Earn money from Bitcoin tradingNow, how does Bitcoin trading work and how can you make money off it? Once you have a Paxful account, sign in and follow the simple steps below to start trading. Pro tip: Make sure to verify your account to make the most of all platform features.You first have to buy Bitcoin cheaply on PaxfulBefore you sell Bitcoin for a profit, you have to first own BTC. Here are four easy steps you can do to instantly and cheaply buy BTC
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