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How to Buy Ocean Protocol (OCEAN)

A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN)

Step 1 – Signup to CEX.io

You will first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Ocean Protocol (OCEAN) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find (OCEAN) Ocean Protocol

Once your deposit has been confirmed, you will directly have access to your funds and you can start buying and trading. To buy (OCEAN) Ocean Protocol on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover (OCEAN) Ocean Protocol, you will need to put the short name of the asset (OCEAN) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we've highlighted this also. Click on “OCEAN/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ocean Protocol (OCEAN)
Step 4 – Buy Ocean Protocol (OCEAN)

After you've spotted Ocean Protocol (OCEAN), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Ocean Protocol (OCEAN) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of OCEAN you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the whole quantity of OCEAN.

When you are happy, make a mouse click on “Buy OCEAN”. Your order will be filled as soon as a Vender trades their OCEAN for the price you introduced.

Step 5 – Withdraw Ocean Protocol (OCEAN)

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an longer time frame. In order to withdraw your Ocean Protocol (OCEAN), hover over the tab called “Funds” and mouse click on “Withdraw”. Ocean Protocol (OCEAN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ocean Protocol (OCEAN) by using the given drop-down box. Put into the volumen of Ocean Protocol (OCEAN) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you're satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congrats! You have successfully purchased and safed Ocean Protocol (OCEAN).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Ocean Protocol (OCEAN) is stored in your wallet, you're done.