A Step-by-Step-Guide on how to buy OCTCOIN (OCTC)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. OCTCOIN (OCTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find (OCTC) OCTCOIN As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate invest and trading. To invest in (OCTC) OCTCOIN on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate (OCTC) OCTCOIN, you'll need to insert the shortname of the coin (OCTC) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “OCTC/BTC” to go on.
Step 4 – Buy OCTCOIN (OCTC) As soon as you've located OCTCOIN (OCTC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate OCTCOIN (OCTC) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of OCTC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of OCTC. When you are happy, make a mouse click on “Buy OCTC”. Your order will be filled when a Vender sells their OCTC for the price you introduced.
Step 5 – Withdraw (OCTC) OCTCOIN Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (OCTC) OCTCOIN, go to the tab called “Funds” and mouse click on “Withdraw”. (OCTC) OCTCOIN can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (OCTC) OCTCOIN by using the given drop-down box. Enter the quantity of (OCTC) OCTCOIN you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.