A Step-by-Step-Guide on how to buy Opyn cDai Insurance (OCDAI)
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Opyn cDai Insurance (OCDAI) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Opyn cDai Insurance (OCDAI) As soon as your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To buy Opyn cDai Insurance (OCDAI) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover Opyn cDai Insurance (OCDAI), you'll need to insert the shortname of the coin (OCDAI) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “OCDAI/BTC” to advance.
Step 4 – Acquisition of Opyn cDai Insurance (OCDAI) After you have spotted Opyn cDai Insurance (OCDAI), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The ”Price” field will be filled with the up-to-date valuation Opyn cDai Insurance (OCDAI) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of OCDAI you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of OCDAI. When you're satisfied, make a mouse click on “Buy OCDAI”. Your order will be filled when a Vender sells their OCDAI for the price you gave.
Step 5 – Withdraw Opyn cDai Insurance (OCDAI) Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an longer period of time. In order to take off your Opyn cDai Insurance (OCDAI), hover over the ”Funds” tab and click on “Withdraw”. Opyn cDai Insurance (OCDAI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Opyn cDai Insurance (OCDAI) by using the given drop-down box. Enter the quantity of Opyn cDai Insurance (OCDAI) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.