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How to Buy Ocean Protocol (OCEAN)

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.

Binance Signup
Step 2 – {Transfer} Your {Bitcoin or Ethereum} to an {Cryptocurrency Exchange}

Your {Ethereum or Bitcoin} {has} to be sent over to an {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 {example}. {Not sure} on how to send {funds from Coinbase} to an {Cryptocurrency Exchange}? ({Just follow} {this how-to})

Make sure {you've} {chosen} the {correct} coin you {wish} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {Ethereum} deposit address, {and so on}. {In the case} {you're} {dealing with} a decentralized exchange, {such as} Airswap or DDEX could be {divergent} ({Just follow} {our how-to}).

Step 3 – {Locate} Ocean Protocol (OCEAN)

{As soon as} your deposit has been {approved}, {you'll} {directly} have access to your {assets} and you can {begin} {buying} and trading. To {buy} Ocean Protocol (OCEAN) on Binance, {you will} want to {hover over} the {tab which is called “Exchange”} and{ after that} {mouse click} on “Basic”.

{In order to} {locate} Ocean Protocol (OCEAN), {you'll} need to {put} the {cointype} (OCEAN) into the {search-box}, which is {highlighted} in the {picture}. {Make sure you have} {selected} the {right} {grouping}, {we've} {highlighted} this {also}. Click on “OCEAN/BTC” to {advance}.

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

{Once} {you've} {discovered} Ocean Protocol (OCEAN), {you will} be {given} a {Price Chart} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {picture}). {For now} {we are} {going to create} our{ own} Limit Order.

The {”Price” field} will be {filled automatically} with the{} {latest} {valuation} Ocean Protocol (OCEAN) was {sold} for. {You can change this} to your {preferred} {rate}. The {field with the “Amount” tag} is the {amount} of OCEAN you {want} to {buy}. The {”Total” field} is the {aggregated} price in {BTC} that {you will} {pay} for the {complete} {volumen} of OCEAN.

{When} {you are} {happy}, {click} on “Buy OCEAN”. Your {order} will be filled {when} a {Vendor} {trades} their OCEAN for the price you {introduced}.

Step 5 – Withdraw Ocean Protocol (OCEAN)

Unless {you are}{} trading, {you should never keepyour} {crypto} on an {Exchange} for an {longer} {period of time}. {To} {withdraw} your Ocean Protocol (OCEAN), {go to} the {”Funds” tab} and {click} on “Withdraw”. Ocean Protocol (OCEAN) can be {securely stored} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Ocean Protocol (OCEAN) by using the {given} drop-down box. {Drop in} the {volumen} of Ocean Protocol (OCEAN) {you would} {like} to {withdraw}. {Take into account} the {shown} {minimus/fees}. Also make sure you have {entered} your {right} withdraw address.

{If} {you're} {glad}, {click} “Submit”. You {may} be {asked} for {verfication via email/phone} {before} a {take off}.

{Congrats}! {You have} successfully {purchased} and {stored} Ocean Protocol (OCEAN).

That's it!

{Take offs} from {Crypto Exchange} can {durate} {anywhere from} 1 – 30 minutes ({depending} on {network usage}). {As soon as} {you have} {proved} your {take off} {with} {Ethplorer.io or Etherscan.io} and the Ocean Protocol (OCEAN) is {safe} {inside} your wallet, {you're} {all done}.

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