A Step-by-Step-Guide on how to buy OAX (OAX) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and getting your Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. OAX (OAX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate OAX (OAX) Once your deposit has been verified, you'll immediately have access to your finances and you can initiate purchasing and trading. To invest in OAX (OAX) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To spot OAX (OAX), you'll need to insert the short name of the asset (OAX) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've highlighted this also. Click on “OAX/BTC” to proceed.
Step 4 – Buy OAX (OAX) Once you've found OAX (OAX), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price OAX (OAX) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of OAX you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of OAX. When you're satisfied, click on “Buy OAX”. Your order will be filled when a Vender trades their OAX for the price you introduced.
Step 5 – Withdraw OAX (OAX) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extended period of time. 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) Locate OAX (OAX) by using the provided drop-down box. Drop in the quantity of OAX (OAX) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.
Congratulations! You have successfully bought and safed OAX (OAX) in Anguilla.That's it! Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the OAX (OAX) is safe inside your wallet, you're all done.
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