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$Kin it’s time to buy! Kin Moon Preparation Checklist: Selling Kin on 3 Exchanges and how to set up advanced limit sell orders— Simplified

Well folks it seems that lift off is right around the corner. The end of Q1 is coming, we are hearing an exciting buzz about MVP Partner announcements to be announced no later than March 31st! That’s…

Mar 25, 2018 · 4 min read
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$Kin it’s time to buy! Kin Moon Preparation Checklist: Selling Kin on 3 Exchanges and how to set up advanced limit sell orders— Simplified

How do I find all the Exchanges that Kin is listed on? You can find most if not all listed on the Coin Market Cap website. You can use the link here to get to the site and click on “Markets”. You can alternatively use this link here to go to that page directly. You will see the current price and some tabs. So let’s take a look. OK I am here on the Market page now what? Kin Markets Tab on CoinMarketCap each exchange name is listed under the source column.If you view the site above, I have highlighted the important parts to look at and will give a brief explanation. The Source Column: This the name of the exchange that Kin is being traded on. Usually the exchange with the MOST volume is listed on top. In this case you can See Mercatox is the exchange on top. This will change as bigger and better exchanges get added or others get more popular. You can click on the name under source to get the official website link and assure you are in the right place. The Price Column: This shows the current price of the currency, and what is is trading at the current time. — Note: Assure you check the Updated column sometimes exchanges go offline or have been hacked and that could be an old price. The Volume Column: The total percentage of all volume of trades overall in the markets. In this screenshot you can see 25.01% of all Kin trades are currently being done on a non decentralized Exchange called Mercatox. (I am not a big fan of this one and have had pain here in the past) The Updated Column: Again this is a column you want to pay attention to. This will show you when the trade data was last updated, make sure it is recently and not showing last updated hours or days ago, that usually means the exchange has a problem or is offline. How to setup Limit Sell Orders: Exchanges Shown Here are IDEX.market, Mercatox.com, and Coinfalcon.com So we understand all that, let’s set a price point! Just a number we can use for an example of a sell order. I think Kin will hit $.05 and I think that is a good price point.I am going to use the price of .0001 Ethereum as a point to sell my Kin at which at the current time and with the current price of ethereum that is $.05 (5 cents). Now as the value of ethereum goes up the value of .0001 eth will increase. Quick way to understand the sell price on some exchanges where we specify the % in eth or btcThis is important to pay attention to, due to the fact most Exchanges don’t let you put in 5 cents and you have to use a percentage number. So .0001 Ethereum x100 would give you .01% of an Ethereum token. The Exchanges and interfaces shown below are Mercatox, IDEX, and Coin Falcon I have transferred 100K or more into each of the 3 exchanges. You can see below I have went to each exchange and went to the pages where you can setup your orders. Here is what you will see. These screenshots show you the current trades that are happening live as well as past and present prices. You can look at different times that the currency was trading and the price at those points. So if you wanted to see how the currency was trading for the last 12 hours, there is usually a button on the chart to specify this condition. After the period of time is set the chart will show you the price and trend of the last 12 hours of Kin Trading. Checking your balance after sending Kin to the site. After I sent currency to the exchanges, I check to validate it had arrived and I it was ready for trading. Some sites require up to 50 confirmations as you can see in the Coin Falcon screen capture below. So if the currency is moving up or down, this can put you at an advantage or disadvantage. This can also really slow you down if the block chain is bogged down with transactions. Setting up your limit orders in preparation for the sell off and moon! You can see below I have setup orders on KIN/ETH pair and KIN/BTC pair on different exchanges. I have shown you what I put in the sell boxes on each exchange to setup my future sales at the prices I want. It will show you the amount of Ethereum or Bitcoin in this case I will make if the sale executes at that price. You should set this to a realistic number. I set a couple price points that are reasonable, and because I have so much currency I’ll set one that shoots for the stars just in case Kin goes insane and hits a dollar or two for a couple mins. Validating that all your sales are set and you are good to go! Check each site to validate your open orders are there. You usually see under open orders or order history on most sites. So now I have all 3 sites setup for sales and I can modify them as I please. Again you should reach the trade minimums and maximums for each site so you don’t get upset when you cannot sell enough or don’t have enough to make a sale.


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