How to Buy Ocean Protocol (OCEAN)

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

Step 1 – Join CEX.io

You'll first need to buy units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ocean Protocol (OCEAN) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Ocean Protocol (OCEAN)

Once your deposit has been confirmed, you will directly have access to your funds and you can begin invest and trading. To buy Ocean Protocol (OCEAN) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Ocean Protocol (OCEAN), you will need to insert the cointype (OCEAN) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this too. Click on “OCEAN/BTC” to continue.

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

Once you have found Ocean Protocol (OCEAN), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff Ocean Protocol (OCEAN) was traded for. You can change this to your desired price. The ”Amount” field is the amount of OCEAN you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of OCEAN.

When you are satisfied, click on “Buy OCEAN”. Your order will be filled when a Vender sells their OCEAN for the price you gave.

Step 5 – Withdraw (OCEAN) Ocean Protocol

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. In order to take off your (OCEAN) Ocean Protocol, go to the ”Funds” tab and mouse click on “Withdraw”. (OCEAN) Ocean Protocol can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (OCEAN) Ocean Protocol by using the provided drop-down box. Drop in the amount of (OCEAN) Ocean Protocol you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

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

Binance Withdraw

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

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Ocean Protocol (OCEAN) is safe within your wallet, you are done.