How to Buy OAX (OAX) in Australia

A Step-by-Step-Guide on how to buy OAX (OAX) in Australia

Step 1 – Signup to Coinmama

You will first need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. OAX (OAX) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find {OAX (OAX)|(OAX) OAX}

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin buying and trading. To buy {OAX (OAX)|(OAX) OAX} on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To find {OAX (OAX)|(OAX) OAX}, you'll need to put the shortname of the coin (OAX) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “OAX/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} OAX (OAX)
Step 4 – Purchase {OAX (OAX)|(OAX) OAX}

Once you've located {OAX (OAX)|(OAX) OAX}, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order.

The ”Price” field will be automatically filled with the latest price {OAX (OAX)|(OAX) OAX} was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of OAX you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of OAX.

If you're happy, click on “Buy OAX”. Your order will be filled as soon as a Seller sells their OAX for the price you offered.

Step 5 – Withdraw {OAX (OAX)|(OAX) OAX}

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. To take off your {OAX (OAX)|(OAX) OAX}, hover over the tab called “Funds” and mouse click on “Withdraw”. {OAX (OAX)|(OAX) OAX} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {OAX (OAX)|(OAX) OAX} by using the provided drop-down box. Enter the amount of {OAX (OAX)|(OAX) OAX} you would like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congrats! You have successfully purchased and stored OAX (OAX) in Australia.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {OAX (OAX)|(OAX) OAX} is stored in your wallet, you're all done.

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