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.
Step 2 – Send Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Ocean Protocol (OCEAN) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Ocean Protocol (OCEAN) As soon as your deposit has been affirmed, you will directly have access to your assets and you can start invest and trading. To buy Ocean Protocol (OCEAN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Ocean Protocol (OCEAN), you will need to insert the cointype (OCEAN) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “OCEAN/BTC” to continue.
Step 4 – Buying Ocean Protocol (OCEAN) Once you have found 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 picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the latest tariff Ocean Protocol (OCEAN) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of OCEAN you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of OCEAN. If you are glad, make a mouse click on “Buy OCEAN”. Your plan will be filled as soon as a Seller sells their OCEAN for the price you submitted.
Step 5 – Withdraw Ocean Protocol (OCEAN) Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your Ocean Protocol (OCEAN), hover over the ”Funds” tab and click on “Withdraw”. Ocean Protocol (OCEAN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ocean Protocol (OCEAN) by using the given drop-down box. Put into the volumen of Ocean Protocol (OCEAN) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.