A Step-by-Step-Guide on how to buy OctoFi (OCTO)
Step 1 – Join CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. OctoFi (OCTO) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate (OCTO) OctoFi As soon as your deposit has been approved, you will immediately have access to your finances and you can begin invest and trading. To buy (OCTO) OctoFi on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate (OCTO) OctoFi, you will need to insert the shortname of the coin (OCTO) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this also. Click on “OCTO/BTC” to proceed.
Step 4 – Acquisition of (OCTO) OctoFi Once you've located (OCTO) OctoFi, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order. The ”Price” field will be automatically filled with the recent tariff (OCTO) OctoFi was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of OCTO you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of OCTO. When you are satisfied, make a mouse click on “Buy OCTO”. Your order will be filled as soon as a Seller sells their OCTO for the price you offered.
Step 5 – Withdraw (OCTO) OctoFi Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an longer period of time. In order to take off your (OCTO) OctoFi, go to the ”Funds” tab and click on “Withdraw”. (OCTO) OctoFi can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (OCTO) OctoFi by using the given drop-down box. Put into the amount of (OCTO) OctoFi you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.