A Step-by-Step-Guide on how to buy OctoFi (OCTO)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first 10$.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. OctoFi (OCTO) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate OctoFi (OCTO) Once your deposit has been affirmed, you will instantly have access to your assets and you can launch purchasing and trading. To invest in OctoFi (OCTO) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot OctoFi (OCTO), you will need to insert the shortname of the coin (OCTO) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “OCTO/BTC” to progress.
Step 4 – Buying (OCTO) OctoFi After you've found (OCTO) OctoFi, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to make our Limit Order. The ”Price” field will be automatically filled with the most latest valuation (OCTO) OctoFi was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of OCTO you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of OCTO. If you are happy, make a mouse click on “Buy OCTO”. Your order will be filled when a Vendor sells their OCTO for the price you gave.
Step 5 – Withdraw OctoFi (OCTO) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To take off your OctoFi (OCTO), hover over the ”Funds” tab and click on “Withdraw”. OctoFi (OCTO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find OctoFi (OCTO) by using the given drop-down box. Drop in the volumen of OctoFi (OCTO) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click “Submit”. You may be asked for phone/email verification before a withdrawal.