A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN) in Anguilla
Step 1 – Signup to Coinmama In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Ocean Protocol (OCEAN) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Ocean Protocol (OCEAN) As soon as your deposit has been confirmed, you'll now have access to your finances and you can start buying and trading. To invest in Ocean Protocol (OCEAN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover Ocean Protocol (OCEAN), you'll need to insert the shortname of the coin (OCEAN) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “OCEAN/BTC” to advance.
Step 4 – Buying Ocean Protocol (OCEAN) As soon as you've discovered Ocean Protocol (OCEAN), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Ocean Protocol (OCEAN) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of OCEAN you want to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of OCEAN. If you're happy, make a mouse click on “Buy OCEAN”. Your plan will be filled as soon as a Seller trades their OCEAN for the price you introduced.
Step 5 – Withdraw Ocean Protocol (OCEAN) Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer time frame. To take off your Ocean Protocol (OCEAN), go to the tab called “Funds” and click on “Withdraw”. Ocean Protocol (OCEAN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ocean Protocol (OCEAN) by using the given drop-down box. Drop in the quantity of Ocean Protocol (OCEAN) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.
Congratulations! You've successfully bought and stored Ocean Protocol (OCEAN) in Anguilla.That's it! Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the Ocean Protocol (OCEAN) is stored inside your wallet, you are finished.
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