How to Buy Ocean Protocol (OCEAN)

A Step-by-Step-Guide on how to buy Ocean Protocol (OCEAN)

Step 1 – Join Kraken

You will first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting Funds.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ocean Protocol (OCEAN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Ocean Protocol (OCEAN)

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start invest and trading. To buy Ocean Protocol (OCEAN) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Ocean Protocol (OCEAN), you'll need to put the short name of the asset (OCEAN) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “OCEAN/BTC” to go on.

Binance Hot To Buy Ocean Protocol (OCEAN)
Binance How to Buy (OCEAN) Ocean Protocol
Step 4 – Purchase Ocean Protocol (OCEAN)

Once you've spotted Ocean Protocol (OCEAN), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Ocean Protocol (OCEAN) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of OCEAN you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of OCEAN.

If you're glad, make a mouse click on “Buy OCEAN”. Your plan will be filled as soon as a Seller trades their OCEAN for the price you offered.

Step 5 – Withdraw Ocean Protocol (OCEAN)

Unless you are regularly trading, never keep your crypto on an Exchange for an extended time frame. In order to withdraw your Ocean Protocol (OCEAN), go to the ”Funds” tab and click on “Withdraw”. Ocean Protocol (OCEAN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ocean Protocol (OCEAN) by using the given drop-down box. Drop in the quantity of Ocean Protocol (OCEAN) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Binance Withdraw

Congrats! You have successfully bought and stored Ocean Protocol (OCEAN).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (OCEAN) Ocean Protocol is stored in your wallet, you are all done.

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