How to Buy Ocean Protocol (OCEAN) in Armenia

A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN) in Armenia

Step 1 – Join Coinmama

You'll first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Ocean Protocol (OCEAN) 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? (Follow this guide)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}

Once your deposit has been confirmed, you'll now have access to your finances and you can launch purchasing and trading. To invest in {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to spot {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}, you'll need to insert the short name of the asset (OCEAN) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've highlighted this too. Click on “OCEAN/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ocean Protocol (OCEAN)
Step 4 – Acquisition of {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}

Once you have discovered {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of OCEAN you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of OCEAN.

When you are happy, make a mouse click on “Buy OCEAN”. Your order will be filled when a Vender sells their OCEAN for the price you gave.

Step 5 – Withdraw {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To withdraw your {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} by using the given drop-down box. Put into the volumen of {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You have successfully bought and stored Ocean Protocol (OCEAN) in Armenia.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {Ocean Protocol (OCEAN)|(OCEAN) Ocean Protocol} is stored inside your wallet, you are done.

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