A Step-by-Step-Guide on how to buy OpenPredict Token (OPT)
Step 1 – Join CEX.io You will first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Funds to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. OpenPredict Token (OPT) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find OpenPredict Token (OPT) Once your deposit has been approved, you will now have access to your finances and you can start buying and trading. To buy OpenPredict Token (OPT) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find OpenPredict Token (OPT), you will need to put the cointype (OPT) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “OPT/BTC” to advance.
Step 4 – Purchase OpenPredict Token (OPT) Once you have located OpenPredict Token (OPT), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price OpenPredict Token (OPT) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of OPT you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of OPT. When you're glad, make a mouse click on “Buy OPT”. Your order will be filled when a Vendor trades their OPT for the price you offered.
Step 5 – Withdraw OpenPredict Token (OPT) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your OpenPredict Token (OPT), go to the tab called “Funds” and click on “Withdraw”. OpenPredict Token (OPT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find OpenPredict Token (OPT) by using the provided drop-down box. Put into the volumen of OpenPredict Token (OPT) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.