A Step-by-Step-Guide on how to buy OctoFi (OCTO)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. OctoFi (OCTO) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (OCTO) OctoFi As soon as your deposit has been verified, you will directly have access to your funds and you can begin purchasing and trading. To purchase (OCTO) OctoFi on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to find (OCTO) OctoFi, you will need to put the shortname of the coin (OCTO) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we've marked this too. Click on “OCTO/BTC” to continue.
Step 4 – Acquisition of OctoFi (OCTO) As soon as you have located OctoFi (OCTO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our Limit Order. The ”Price” field will be filled automatically with the latest rate OctoFi (OCTO) was sold for. You can change this to your desired price. The ”Amount” field is the amount of OCTO you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole amount of OCTO. When you're happy, click on “Buy OCTO”. Your plan will be filled as soon as a Vender sells their OCTO for the price you gave.
Step 5 – Withdraw (OCTO) OctoFi Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your (OCTO) OctoFi, go to the ”Funds” tab and mouse click on “Withdraw”. (OCTO) OctoFi can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (OCTO) OctoFi by using the given drop-down box. Put into the amount of (OCTO) OctoFi you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.