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 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Ocean Protocol (OCEAN) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Ocean Protocol (OCEAN) As soon as your deposit has been approved, you'll directly have access to your assets and you can start buying and trading. To buy Ocean Protocol (OCEAN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find Ocean Protocol (OCEAN), you will need to put the shortname of the coin (OCEAN) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “OCEAN/BTC” to advance.
Step 4 – Buy Ocean Protocol (OCEAN) As soon as you have spotted Ocean Protocol (OCEAN), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the most recent price Ocean Protocol (OCEAN) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of OCEAN you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of OCEAN. When you are glad, make a mouse click on “Buy OCEAN”. Your plan will be filled as soon as a Vender trades their OCEAN for the price you offered.
Step 5 – Withdraw Ocean Protocol (OCEAN) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Ocean Protocol (OCEAN), go to the tab called “Funds” and click on “Withdraw”. Ocean Protocol (OCEAN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ocean Protocol (OCEAN) by using the provided drop-down box. Put into the quantity of Ocean Protocol (OCEAN) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.