A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ocean Protocol (OCEAN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (OCEAN) Ocean Protocol Once your deposit has been affirmed, you will instantly have access to your finances and you can begin purchasing and trading. To buy (OCEAN) Ocean Protocol on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (OCEAN) Ocean Protocol, you will need to put the shortname of the coin (OCEAN) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this also. Click on “OCEAN/BTC” to proceed.
Step 4 – Buy Ocean Protocol (OCEAN) Once you've found Ocean Protocol (OCEAN), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest rate Ocean Protocol (OCEAN) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of OCEAN you like to buy. The ”Total” field is the total price in BTC that you will settle for the whole volumen of OCEAN. When you are satisfied, click on “Buy OCEAN”. Your order will be filled as soon as a Vendor trades their OCEAN for the price you offered.
Step 5 – Withdraw (OCEAN) Ocean Protocol Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended period of time. In order to take off your (OCEAN) Ocean Protocol, hover over the tab called “Funds” and mouse click on “Withdraw”. (OCEAN) Ocean Protocol can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (OCEAN) Ocean Protocol by using the provided drop-down box. Enter the quantity of (OCEAN) Ocean Protocol you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.