Step 2: Go to “OTC”. Use Chinese Yuan to buy CK.USD (1 CK.USD is approximately $1.00 USD)
Step 3: Transfer CK.USD or USDT you have just acquired from OTC account to BCEX Exchange account. Or you can transfer your coins from other platforms, like Huobi.
Step 4: Go on to trade your coins with other users.
Step 5: Sell your coins to get CK.USD or USDT.
Step 6: Transfer your CK.USD or USDT from Exchange account to OTC account.
Step 7: Sell your CK.USD or USDT in OTC account will get you Chinese Yuan.
Note: Please go to the correct section to trade. Not all kinds of coins are listed in all sections.
John Doe’s Example
John Doe has opened his new account and acquired some CK.USDs through OTC account. He is now interested in getting MIT, which can be found in ETH trading market on Exchange. So, he transfers CK.USD and uses it to exchange for ETH, then ETH for his desired MIT. Price of MIT goes up right before Valentine’s Day. He sells his MIT for fiat currency and gets his girlfriend a gift.
- Go to OTC and buy CK.USD or USDT.
- Go to Exchange’s CK.USD section and buy ETH using CK.USD or USDT.
- Go to ETH section and buy MIT using ETH.
- When you want to sell MIT and get fiat currency, go to ETH section and trade MIT with ETH. Go to CK.USD section and trade ETH with CK.USD. Transfer CK.USD from Exchange account to OTC account. Sell. Check the whole process