A Step-by-Step-Guide on how to buy Cointorox (OROX)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Cointorox (OROX) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Cointorox (OROX) As soon as your deposit has been verified, you will instantly have access to your finances and you can initiate buying and trading. To invest in Cointorox (OROX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find Cointorox (OROX), you will need to insert the short name of the asset (OROX) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “OROX/BTC” to advance.
Step 4 – Buying Cointorox (OROX) Once you have spotted Cointorox (OROX), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our Limit Order. The field with the “Price” tag will be filled with the latest valuation Cointorox (OROX) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of OROX you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of OROX. If you're happy, click on “Buy OROX”. Your plan will be filled when a Vender trades their OROX for the price you submitted.
Step 5 – Withdraw (OROX) Cointorox Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended time frame. To take off your (OROX) Cointorox, hover over the ”Funds” tab and click on “Withdraw”. (OROX) Cointorox can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (OROX) Cointorox by using the provided drop-down box. Put into the amount of (OROX) Cointorox you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.