CoinTiger platform is an exchange that provides multi-cryptocurrency trading services to blockchain lovers around the world. This exchange has a mission to give blockchain enthusiasts with secure and reliable trading services.
The steps below will help you start trading Polkadot [IOU] (DOT) on CoinTiger.
To start, open the CoinTiger site. Once the website is opened, click on “Register” to create an account.
You are given two ways to register. You can register through mobile or email. In this example, we selected email registration. Enter your email address as well as the verification code sent to your email. Type in your password and the referral ID if applicable. Confirm your agreement with CoinTiger’s terms and conditions, then click on “Register”.
After dragging the arrow to complete the puzzle, you will be given a confirmation message that you have successfully registered your account.
Verifying your identity after registering an account is highly recommended. To verify your CoinTiger account, point your mouse on your account name, which is your email address, and click on “account.”
You will then be routed to different menus located on the left side of the screen. Click on “Authentication” and upload photos of your passport by following the instructions given by the system. Click on “Submit” to continue.
What is 2FA?
Two-factor authentication, also known as 2FA, is an extra layer of security or added protection which we refer to as multi-factor authentication. Not only the username and password are required but also a piece of information that only a user possesses. This process is to confirm a user’s claimed identity.
The 2FA process helps lessen the number of identity theft cases and as well as phishing via email. It would be harder for potential intruders to gain access and steal someone’s identity and personal data without that piece of information that only the account owner knows.
In the case of exchanges, what the user has are his/her login details such as the username and password. The form of 2FA that a user possesses for this instance is a token or code. The code can be received either through SMS on a user’s mobile phone or via applications like Google Authenticator or Authy.
To activate 2FA on CoinTiger, click on “Security Center” and locate “Google 2FA.” Click on “Bind.”
Scan the QR code to a generate the six-digit code. Type it in as well as the Verification code sent to your email. Click on “Submit” to continue.
It’s time to add money on your verified and secured CoinTiger account. To do this, go to “Funds.” There are different ways to go to the deposit environment. You can click on “Deposit” on the left menu or click on “Deposit” in line with the Polkadot [IOU] (DOT) of your choice.
To deposit Polkadot [IOU] (DOT) on CoinTiger, select your Polkadot [IOU] (DOT) first from the drop-down menu and copy the Polkadot [IOU] (DOT) address given by the system. You can also generate a new one by scanning the QR code. Make sure you are using the correct address when processing a deposit transaction to avoid losing funds.
Let’s proceed on buying your first Polkadot [IOU] (DOT) on CoinTiger using the funds that you’ve deposited. Click on “Exchange.”
Scroll down to the “Buy” area and select your Polkadot [IOU] (DOT). Type in your desired amount and click on “Buy Polkadot [IOU] (DOT).”
To review your pending and past transactions, you can view them at the bottom part of the screen where it says “Open Order,” “4hr Orders,” and “View All Orders.”
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.
Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.