How to Start Trading With CoinField: 5 Easy Steps

Signing up and getting started with CoinField is super easy. 

Follow this simple walk-through guide to create an account and start trading cryptocurrency immediately.

Pre-Requisites: 

  • An Email Id 
  • A Cell Phone Number
  • An Identity documents

Step 1

Visit coinfield.com and head over to the ‘Sign Up’ tab. You will find this in the header of the website on the right. Put in your details. Feed an email id, set up a strong password and confirm it. 

Step 2

Check your email inbox, take the verification code and verify your email with CoinField. To start trading, you must verify your account. 

From the dashboard, please go to ”Settings,” and you will find the pop-up form to upload information that includes your ID document and a selfie. Depending on your residence, some clients may require to upload proof of address.

Step 3

Complete our KYC and upgrade your account. You can look at the CoinField account’s functionalities and understand it fully. You need to complete our KYC by submitting the required documents. 

KYC with coinfield

All customers must upload their ID documents, take a photo, and go through the KYC procedure, which takes only two minutes to complete. Some customers may also be requested to provide verification of their address. Please adhere to the platform’s instructions.

Step 4

Every client allows depositing cryptocurrencies. For clients who live in the EEA, Canada, and the UK, you can deposit fiat via serval methods.

  • Wire Transfer – for Canadian Dollar (CAD), US Dollar (USD), British pound sterling (GBP), Euro (EUR), Japanese Yen (JPY) and United Arab Emirate Dirham (AED),
  • SEPA (Single Euro Payments Area) – only for Euro (EUR)
  • E-transfer (email money transfer) – only for Canadian Dollars (CAD),
  • EFT (Electronic Funds Transfer) – only for Canadian Dollar (CAD),
  • Credit/Debit Cards – for Canadian Dollar (CAD), US Dollar (USD), British pound sterling (GBP), Euro (EUR), Japanese Yen (JPY) and United Arab Emirate Dirham (AED)

To deposit via the above options, 

  1. Access your dashboard 
  2. Go to the Transfer TAB
  3. Select the desired currency (CAD, USD, GBP, EUR, JPY, and AED) you’d like to fund
  4. Click on the deposit option
  5. Select the type of transaction you would like – e.g. E-transfer or Wire
  6. Follow the deposit instructions as shown on the correspondent page

CoinField also offers you to directly add cryptocurrency from other sources. If you’d like to fund or withdraw crypto, you have to follow only two steps:

  1. Go to Wallet and select ”Transfers”
  2. Locate the desired crypto and select the deposit or withdrawal tab

For the deposit, you will need to get the wallet address and then copy it.
For withdrawal, you will need to fill in the information for the destination of the other wallet address and the beneficiary’s name.

Cryptocurrency Deposit and Withdrawal

Step 5

Start trading with CoinField, you need to click on ‘Trade’ on the left side of your dashboard, and you will be taken to your trading terminal. There are two options to trade, which are Quick Trade and Advanced Trade.

  • Advanced Trade

This option lets you buy and sell crypto with a Price Limit instead of the market price. The trader sets the buying price and the selling price, anticipating the rise and fall of the cryptocurrency. In the Advanced mode, you can make trades with the Bid (while buying) and Ask (while selling) model. If you place an order with a price and amount far from the other orders displayed at the moment, it can take longer for your order to be accepted. In this case, you can cancel your order and place another more “realistic” order in the current market.

You can also choose from the system to buy and sell your order at the best price available in the market. This can be done via ‘Market orders’, where you don’t have to set a price limit. You must only inform the crypto and amount you’d like to buy or sell and then “submit” the request. 

  • Quick Trade

 This mode is ideal for those who do not want to set a price limit and make anticipate orders. Directly buy/sell the cryptocurrency with quick transactions at the current price. This is the same as ‘Market Orders’ in the Advanced trading tab.

Start Trading Crypto With CoinField

You can access the CoinField trading terminal 24/7 and trade cryptocurrencies with lower fees when you hold CFC in your account!

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