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Your first trade on Bitunix

Installing the app was step one. This is step two: placing your first trade without guessing. Follow the steps below in order, start small, and check your position before you walk away.

Before you trade

Three things ready first

If any of these is missing, stop here and sort it out before you open the Trade tab.

  • Account created. You need a registered Bitunix account, signed in on the app. If you have not installed the app yet, start with our Android guide or the iPhone guide.
  • Funds deposited. A trade needs a balance to trade with. Deposit into your Bitunix wallet first, then confirm the balance shows in the app before you place an order.
  • KYC sorted for withdrawals. You can trade once your account is funded, but withdrawals need at least Level 1 KYC. Do it early, so a withdrawal is never blocked at the moment you need it.
Step by step

Place your first trade

Example pair below is BTC/USDT. The steps are the same for any spot pair.

  1. Log in to the app and make sure you are on your funded account, not a demo view.
  2. Open the Trade tab at the bottom of the app.
  3. Select a trading pair. Search for BTC/USDT and tap it. This is the pair your order will trade on, so double check the name before you go further.
  4. Choose your order type. Market executes immediately at the current price. Limit waits for your chosen price. For a first trade, market is the simpler choice.
  5. Enter the amount you want to buy or sell. Start small. The app shows the minimum for the pair, plus the fee estimate, before you confirm.
  6. Tap Buy or Sell. Buy if you want to acquire the base coin (BTC in BTC/USDT). Sell if you want to convert it back to USDT.
  7. Confirm the order. Read the summary screen once: pair, side, amount, price and fee. Only then confirm.
  8. Check your open position in the Positions tab. If the order filled, it shows there with your entry price. If a limit order has not filled yet, it sits in open orders until the price reaches it.
The one decision that matters

Market vs limit orders

Market orderLimit order
How it worksExecutes immediately at the current priceExecutes only at your chosen price or better
Best forBeginners, and anyone who wants the trade done nowTraders who want control over the exact price
Risk of not fillingNone, it fills right awayReal, the market may never reach your price

Rule of thumb for a first trade: use a market order. Price control matters more once you trade regularly. On day one, certainty that the trade happened matters more.

Know the cost before you confirm

What your first trade costs

Trading itself is not free, but the fee is small on a first, small trade. Bitunix spot fees are 0.08% maker / 0.10% taker. A market order is a taker order, so on spot you pay 0.10% of the trade value. If you move into futures later, futures fees are 0.02% maker / 0.06% taker.

On a small first trade the fee is pennies, which is exactly why starting small is cheap tuition. The app shows the fee on the confirmation screen, so check it there rather than trusting memory.

Beginner risk notes

Four rules before you trade bigger

  • Start small. Your first trade is for learning how the app works, not for profit. Use an amount you would not miss.
  • Never trade with money you cannot afford to lose. Crypto prices move fast in both directions. Rent money, borrowed money and emergency savings do not belong in a trading account.
  • Leverage multiplies losses as well as gains. A leveraged position can wipe out your margin far faster than a spot trade. Stay away from leverage until you fully understand it.
  • Set a stop-loss. Decide in advance the price at which you exit a losing trade, and set it when you open the position. A plan made calmly beats a decision made while watching a red candle.
FAQ

First trade questions, answered

You can place a trade once your account is created and funded. Withdrawals, however, need at least Level 1 KYC, so complete verification early to avoid being stuck later when you want to move funds out.

The minimum depends on the trading pair and the order type, and the app shows it when you enter an amount. Start small and let the app tell you the minimum for your chosen pair before you confirm.

A market order is the simpler choice for a first trade because it executes immediately at the current price. A limit order gives you price control but may not fill if the market never reaches your price.

After your order fills, open the Positions tab in the app. It shows your open position, entry price and current profit or loss.

Keep exploring

More Bitunix guides

Every device, every question, covered.

Ready for your first trade?

Install the official app, deposit a small amount, and follow the steps above. Start small and check your position in the Positions tab.

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