![How to trade CHO on Gate.io How to trade CHO on Gate.io](/_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2022%2F08%2Fhto_buy_CHO_1.png&w=1920&q=75)
August 31, 2022 is a great day for Choise.com – our native utility token CHO enters one of the oldest crypto exchanges – Gate.io.
Gate.io is a Tier 1 crypto exchange ranked 4th on CoinGecko with a trust score of 10. The exchange has been online since 2013 and has a 24 hour trading volume of around $1.2 billion.
According to CoinMarketCap, CHO currently trades at $1.21 and has a 24h trading volume of $8,806,055. Going by its current market price, the token has gained approximately 3x YTD
Entering such an exchange will allow more crypto market players around the Globe to easily trade CHO.
Thus we have prepared a guide to buying and selling CHO on Gate.io — the leading global cryptocurrency trading platform.
Buy Choise.com coin (CHO) in a few simple steps:
- To start trading CHO on Gate.io, create an account or login.
Mind that you should get instant verification with Gate.io. Only after your account has obtained KYC ID verification, can you withdraw funds, use credit cards or debit cards to buy cryptocurrencies and to participate in Startup projects.
- First, you will need to fund your Gate.io account with a mainstream cryptocurrency such as USDT, BTC, etc.
Log in to your account and go to “Wallet” – “Deposit”.
Alternatively, to access the deposit page, you may go to “Wallet” – “Spot Account”. Click on “Deposit” in the top-right corner. Or search the coin you want to deposit and click on “Deposit” at the end of its info bar.
- Once your account has been funded, you can head over to the trading area and purchase CHO.
#1 Log in to your account. Click on “Spot Trading” under “Trade” on the top navigation bar. You can either choose “standard” or “professional” version. This tutorial uses standard version.
#2 Search and enter the pair you want to trade – CHO/USDT.
#3 Set buying/selling prices and buying/selling amount. Then click on “Buy”/”Sell”.
#4 Click on the last prices on the order book to set the buying/selling price conveniently.
#5 Confirm the price and amount. Then click on “Place Order”.
After successfully placing an order, you will be able to view it in “My Orders” at the bottom of the page. You can also cancel the order here by clicking on “Cancel”.
- After you start trading on Gate.io, the automatically acquired VIP discounts that are based on your trading volumes, will reduce the fees.
Check the fee schedule - On Gate.io, you can trade CHO with Margin accounts and Quantitative strategies. You can also deal with CHO derivatives such as Perpetual contract and ETFs.
What can you do with Choise.com Coin after your purchase?
Leverage
Gate.io provides leverage services that enable you to get a much larger exposure to the market. Leveraged products, such as Choise.com Coin, magnify your potential profit – but also your potential loss.
Quantitative trading
Gate.io offers a quantitative trading platform that allows investors to trade Choise.com Coin or any other cryptocurrency with mathematical tools. Besides using built-in strategies, you can also design your own quantitative trading strategies.
Contract trading
A perpetual contract is a futures contract without expiration date or settlement. A perpetual contract is an ideal tool for both hedging risk of the underlying asset and making profits with right expectations.
Lending
As a trader, you can borrow coins to short it, or borrow USDT to long it. For holders, you can lend your coins to margin traders to earn interest on your holdings. Gate.io does not participate in lending or borrowing.
How to Store/Hold CHO?
Do you view cryptocurrency investments as a long-term type of deal? If that’s the case, you can buy CHO and then store it securely at the gate.io exchange or Gate.io Hardware Wallet S1. By doing so, you can trust that your coins are safe and will be waiting for you once you decide to sell or trade them.
For more information, check the comprehensive guide on Gate.io.
Don’t forget that you can always buy CHO in Choise.com App with zero fee.