How It Works:
Welcome to VCoinExchange. The first cryptocurrency exchange to allow you to buy, sell and trade between SparkleCOIN, Bitcoin, Ethereum and USD as well as withdraw USD to a bank account!
To begin trading on VCoinExchange, create a login using your email and a secure password.
Once your login has been created, you will need to fund your VCoinExchange Wallet in order to trade on the exchange. Immediately upon login, you can send SparkleCOIN, Bitcoin and Ethereum to your Exchange Wallet by selecting “Fund Wallet” from the banner at the top of the Exchange Dashboard.
You will need to generate a new address for the specific currency that you will be transferring in. Once the receiving address has been created, you can send your currency from any external wallet to your VCoinExchange wallet and begin trading!
If you would like to purchase in USD you will need to complete KYC (Know Your Customer) before linking a bank account. Once KYC is complete, wiring instructions will be provided for sending USD into your VCoinExchange Wallet.
*Please Note: You will need to generate a new address for the specific currency that you will be transferring in.
Once the receiving address has been created, you can send your currency from any external wallet to your VCoinExchange wallet and begin trading!
IF YOU WOULD LIKE TO PURCHASE IN USD YOU WILL NEED TO
COMPLETE KYC (Know Your Customer) BEFORE LINKING A BANK ACCOUNT.
Once KYC is complete, wiring instructions will be provided for sending USD into your VCoinExchange Wallet.
Trading on VCoinExchange will consist of placing “Orders” to buy or sell. There are two types of orders, Market Orders and Limit Orders.
Market Orders: A market order sets the price of each order to the current market price of Sparkle Coin.
Buy Orders: Once placed, a “Buy Order” will stay on the exchange until a sell order is issued by another user. Buy orders will not expire and will stay on the exchange until fulfilled.
Sell Orders: A “Sell Order” will stay on the exchange for 5 minutes or until a buy order is issued by another customer. After 5 minutes, the sell order will expire, and you will need to submit a new sell order to try exchanging again.
*Please Note: Due to the nature of supply and demand, the price of all cryptocurrencies on the exchange are subject to change at any time. We cannot guarantee that the price of the currency at time of order will be the same as the final price when the order is fulfilled.
Limit Orders: A limit order allows you to buy or sell at a specified price or better. See this PDF for detailed instructions on how to place a limit order.
Limit Order Document
Based on other buy or sell orders that are available at the time, your exchange may not happen immediately.
The only fiat currency that can be withdrawn from the exchange is USD at this time. In order to withdraw USD to a bank account, you must complete KYC and link a bank account prior to withdraw.