A Step-by-Step-Guide on how to buy OctoFi (OCTO)
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. OctoFi (OCTO) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find OctoFi (OCTO) As soon as your deposit has been approved, you'll instantly have access to your finances and you can commence invest and trading. To buy OctoFi (OCTO) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover OctoFi (OCTO), you'll need to insert the cointype (OCTO) into the search box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “OCTO/BTC” to go on.
Step 4 – Acquisition of OctoFi (OCTO) As soon as you have found OctoFi (OCTO), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the latest tariff OctoFi (OCTO) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of OCTO you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of OCTO. When you are satisfied, make a mouse click on “Buy OCTO”. Your plan will be filled as soon as a Seller sells their OCTO for the price you offered.
Step 5 – Withdraw OctoFi (OCTO) Unless you're trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your OctoFi (OCTO), hover over the tab called “Funds” and mouse click on “Withdraw”. OctoFi (OCTO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find OctoFi (OCTO) by using the given drop-down box. Enter the quantity of OctoFi (OCTO) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.