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Course 4.1: Building Your Crypto Foundation on Walbi

Master the world of crypto with Walbi! Our beginner-friendly guide walks you through setting up your account, funding your wallet safely, and understanding how to trade on our user-friendly platform. Get started on your crypto journey with confidence today!

by
Tony A.

Connect with him about writing techniques, cryptocurrency, and music.

Welcome to the exciting world of cryptocurrency! Whether you're a seasoned investor or just starting your journey, having a solid foundation is key. This first lesson will guide you through setting up your Walbi account, funding your wallet securely, and understanding the basics of trading on the platform. By the end, you'll be equipped to navigate the world of crypto with confidence – all on the user-friendly Walbi platform.

Setting Up Your Walbi Account: A Step-by-Step Guide

Getting started with Walbi is quick and easy. Here's what you need to do:

  1. Head over to the Walbi web app. You can also download the Walbi app from The Apple Store or Google Play
  1. Click on "Join". Find the blue button in the top right corner that says “Join” and click it.

  2. Log in or connect your wallet. Look at the photo below to connect a hot wallet or create an account with your Google or Apple ID. You can also use this opportunity to input your referral code from a friend or family member. Don’t forget to claim your 100 USDT Welcome Voucher!
  1. Congratulations! Your Walbi account is now set up.

Pro Tip: Remember to choose a strong and unique password for all your accounts. NEVER reuse passwords from other platforms!

Funding Your Walbi Wallet: Safe and Secure Deposit Methods

Now that your account is ready, it's time to fund your wallet with some cryptocurrency. Walbi offers several safe and secure deposit methods:

  • Cryptocurrency deposit: If you already hold some cryptocurrency, you can transfer it directly to your Walbi wallet from another exchange or wallet. This option typically offers the fastest processing times.
  • Bank transfer: This is a familiar option for many users. You can transfer funds directly from your bank account to your Walbi wallet. Processing times may vary depending on your bank.
  • Credit/debit card: For added convenience, Walbi allows some users to buy crypto with credit or debit cards. However, be aware that some banks may charge additional fees for such transactions.

Important Note: Always double-check the wallet address before transferring any cryptocurrency. Sending funds to an incorrect address could result in permanent loss.

Understanding Trading Pairs and Order Types on Walbi

The Walbi platform allows you to buy and sell cryptocurrencies. To do this effectively, you need to grasp two key concepts: trading pairs and order types.

  • Trading Pairs: When buying or selling crypto, you'll be doing so in pairs. For example, you might trade Bitcoin (BTC) for Ethereum (ETH). This means you're essentially exchanging one cryptocurrency for another. Walbi offers a wide range of trading pairs to suit your investment goals.

  • Order Types: There are different ways to place orders on Walbi. Here are a few common ones:

    • Market order: This instructs Walbi to buy or sell your chosen cryptocurrency at the best available market price at that moment. It's a quick way to execute a trade, but the price may not be exactly what you expect.
    • Limit order: With a limit order, you specify the exact price you're willing to buy or sell at. This gives you more control over your trade execution, but there's no guarantee your order will be filled if the market price doesn't reach your desired level.

By understanding trading pairs and order types, you'll be able to make informed decisions when navigating the crypto market on Walbi.

Placing an order with AI-driven insights

Trade with the Help of Walbi's AI Buddies

Walbi goes beyond just offering a user-friendly trading platform. It empowers you with the assistance of AI through our innovative "AI Buddies" feature. These AI algorithms can analyze market trends and suggest trading strategies based on your risk tolerance and preferences.

Currently, Walbi boasts three AI Buddies, each with distinct personalities and trading styles:

  • Risky MC Whale: The Bold Trailblazer - Risky MC Whale is your go-to AI Buddy for aggressive trading strategies. It prioritizes high potential returns but also carries a higher level of risk.
  • Caring Mommy: The Cautious Navigator - The Caring Mommy is all about calculated moves. This AI Buddy focuses on minimizing risk while generating steady returns, making it ideal for more conservative investors.

  • Confident Carlos: The Balanced Scholar - Carlos offers a middle ground, balancing risk and reward. It analyzes market trends and suggests strategies that align with a moderate risk tolerance.

Leveraging AI for Your Trades

To utilize your AI Buddies, simply use Walbi.

  • View AI-generated trade suggestions: Each AI Buddy will analyze market data and recommend suitable trading options based on its core strategy.

Ready to Explore Further?

This first lesson has equipped you with the basics of setting up your Walbi account, funding your wallet, and understanding core trading concepts. As you progress on your crypto journey, Walbi offers a wealth of resources, including educational materials and a helpful customer support team. Remember, cryptocurrency trading involves inherent risks. Always conduct your own research before making any investment decisions.

Welcome to the world of crypto with Walbi! We're here to empower you on your financial journey.