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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ocean Protocol (OCEAN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Ocean Protocol (OCEAN)

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

In order to discover Ocean Protocol (OCEAN), you'll need to insert the shortname of the coin (OCEAN) into the search box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've highlighted this also. Click on “OCEAN/BTC” to progress.

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

As soon as you have spotted Ocean Protocol (OCEAN), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date rate Ocean Protocol (OCEAN) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of OCEAN you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of OCEAN.

When you are satisfied, make a mouse click on “Buy OCEAN”. Your plan will be filled when a Vendor trades their OCEAN for the price you offered.

Step 5 – Withdraw Ocean Protocol (OCEAN)

Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Ocean Protocol (OCEAN), go to the ”Funds” tab and click on “Withdraw”. Ocean Protocol (OCEAN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ocean Protocol (OCEAN) by using the given drop-down box. Enter the amount of Ocean Protocol (OCEAN) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed Ocean Protocol (OCEAN).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (OCEAN) Ocean Protocol is safe within your wallet, you are finished.
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