A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ocean Protocol (OCEAN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Ocean Protocol (OCEAN) Once your deposit has been approved, you will now have access to your finances and you can initiate invest and trading. To buy Ocean Protocol (OCEAN) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. To find Ocean Protocol (OCEAN), you will need to insert the cointype (OCEAN) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “OCEAN/BTC” to go ahead.
Step 4 – Purchase Ocean Protocol (OCEAN) After you have located 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). Next we are making our Limit Order. The ”Price” field will be filled with the most latest tariff Ocean Protocol (OCEAN) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of OCEAN you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of OCEAN. If you are satisfied, click on “Buy OCEAN”. Your order will be filled as soon as a Vendor sells their OCEAN for the price you introduced.
Step 5 – Withdraw Ocean Protocol (OCEAN) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extended period of time. In order to take off your Ocean Protocol (OCEAN), go to the ”Funds” tab and click on “Withdraw”. Ocean Protocol (OCEAN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Ocean Protocol (OCEAN) by using the given drop-down box. Drop in the amount of Ocean Protocol (OCEAN) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a take off.