PCEX Member- a crypto broker of an Estonia based cryptocurrency exchange PCEX, is one of the market’s largest and most liquid coin trading platforms in India. The exchange has long attracted a clientele drawn by its offerings of coins and no maker and taker charges on transactions.The platform is recognized for having thousands of registered users and successfully transforming the traditional money exchange industry through an array of lucrative trading options and high-tech investment tools.
PCEX Member is a high-calibre crypto trading platform with numerous promising features that will help end-users to leverage a secure trading experience. It is one of the safest Bitcoin and Altcoin exchanges in the market, as it comprises a 5-layer security model which includes multiple checks to authenticate transactions.
Along with the lowest trading fees in the market, PCEX Member has a unique franchise business model that offers a great opportunity to businesses and enterprises of all levels to start their own trading business and make a huge profit from it.
In this piece, we take a step-by-step look at how to use a PCEX Member and conduct trade on the exchange.
Head over to the PCEX Member’s website and click on the Join Us button given on the top right corner and go through the signup process by filling your basic information such as your name, email, and desired password.
Before entering into the crypto market space you’ll need to create an account on the platform. Any businessman, trader or investor can sign up. It is so because any person above 18 years of age can trade cryptocurrencies.
Now that you have created an account, you need to verify yourself through the KYC process. On the page, in the left corner, select “account” this will bring you to a new page where you will find the KYC option and select ‘Complete Your KYC’. During the times of Coronavirus Pandemic, E-KYC is done to abide by social distancing rules.
In the section labelled “security”, you will see a dropdown menu providing you with an option to enable the 2 Factor Authorization.
2-Step Verification will protect your account from getting compromised in case of the following activities:
- Using the same password on more than one site.
- Downloading software from the Internet.
- Clicking on the links in email messages.
Now that your account has been verified through KYC, all trading functions will be accessible but funds will need to be deposited to do so. Many exchanges are beginning to incorporate the ability to purchase cryptocurrency directly on the exchange via credit card payment.
However, on PCEX Member,one can purchase cryptocurrencies using Credit/debit cards, UPI, or net banking.
PCEX Member currently allows the purchase of BTC, XMR, LTC, ETH and BCH with USD or USDT, INR and C2USD. To begin this process, click the “Deposit” tab given the top of the screen and then select the option which you wish in the left sidebar.
Conversely, deposits can be made via bank transfer, which can be selected in the same sidebar on the left side of the page. PCEX Member does not levy any charges on deposit and withdrawal process unlike rest of the exchanges.
Placing a Trade
For trading coins, “Market” tab in the top left corner brings you to the exchange page from which you can conduct your trades. Directly underneath that tab, there is a list of coins ranging from left to right representing the available tokens for trade on the exchange. INR, USD, USDT and C2USD market are shown on the page for trading purposes. If you select one, you’ll find prices of different coins in different markets.
On the same page, one can see the ‘Buy’ and ‘Sell’ option. To place the order, fill in the options according to your will. PCEX Member has options of limit and stop-loss order. Which means you can place the order of your desired price.
Now you’ve made a trade and taken profit and want to cash out those funds, Click on the “Withdraw” tab highlighted in red which is available on the same page.
Here you will find the option to send the amount in a particular bank account through standard or instant withdrawal process. Choose the bank account and then you will receive the amount within 48 hours.
With 250+ franchises in India, PCEX Member is serving 50,000+ clients on the platform.