How to Buy Opyn cDai Insurance (OCDAI)

A Step-by-Step-Guide on how to buy Opyn cDai Insurance (OCDAI)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your welcome $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Opyn cDai Insurance (OCDAI) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate (OCDAI) Opyn cDai Insurance

Once your deposit has been affirmed, you will instantly have access to your funds and you can begin buying and trading. To invest in (OCDAI) Opyn cDai Insurance on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to spot (OCDAI) Opyn cDai Insurance, you will need to put the shortname of the coin (OCDAI) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “OCDAI/BTC” to go ahead.

Binance Hot To Buy Opyn cDai Insurance (OCDAI)
Binance How to Buy (OCDAI) Opyn cDai Insurance
Step 4 – Purchasing (OCDAI) Opyn cDai Insurance

As soon as you have spotted (OCDAI) Opyn cDai Insurance, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The field with the “Price” tag will be filled with the most latest tariff (OCDAI) Opyn cDai Insurance was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of OCDAI you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of OCDAI.

If you are happy, make a mouse click on “Buy OCDAI”. Your order will be filled when a Vendor trades their OCDAI for the price you submitted.

Step 5 – Withdraw (OCDAI) Opyn cDai Insurance

Unless you are frequently trading, you should never keepyour crypto on an Exchange for an longer time frame. To withdraw your (OCDAI) Opyn cDai Insurance, go to the tab called “Funds” and click on “Withdraw”. (OCDAI) Opyn cDai Insurance can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (OCDAI) Opyn cDai Insurance by using the provided drop-down box. Enter the amount of (OCDAI) Opyn cDai Insurance you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Congrats! You've successfully purchased and stored Opyn cDai Insurance (OCDAI).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Opyn cDai Insurance (OCDAI) is stored within your wallet, you are finished.