A Step-by-Step-Guide on how to buy OAX (OAX)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. OAX (OAX) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (OAX) OAX Once your deposit has been approved, you'll immediately have access to your funds and you can launch buying and trading. To invest in (OAX) OAX on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot (OAX) OAX, you'll need to insert the cointype (OAX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “OAX/BTC” to progress.
Step 4 – Purchase OAX (OAX) After you've spotted OAX (OAX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff OAX (OAX) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of OAX you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of OAX. When you're satisfied, make a mouse click on “Buy OAX”. Your order will be filled when a Vender sells their OAX for the price you introduced.
Step 5 – Withdraw OAX (OAX) Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to take off your OAX (OAX), hover over the ”Funds” tab and mouse click on “Withdraw”. OAX (OAX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find OAX (OAX) by using the given drop-down box. Drop in the quantity of OAX (OAX) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.