A Step-by-Step-Guide on how to buy OctoFi (OCTO)
Step 1 – Join Kraken You will first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. OctoFi (OCTO) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate OctoFi (OCTO) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin buying and trading. To buy OctoFi (OCTO) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to discover OctoFi (OCTO), you'll need to put the short name of the asset (OCTO) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we've marked this too. Click on “OCTO/BTC” to progress.
Step 4 – Purchasing OctoFi (OCTO) As soon as you've spotted OctoFi (OCTO), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order. The ”Price” field will be filled with the recent tariff OctoFi (OCTO) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of OCTO you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of OCTO. If you are glad, make a mouse click on “Buy OCTO”. Your plan will be filled when a Seller sells their OCTO for the price you submitted.
Step 5 – Withdraw OctoFi (OCTO) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your OctoFi (OCTO), hover over the ”Funds” tab and mouse click on “Withdraw”. OctoFi (OCTO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate OctoFi (OCTO) by using the provided drop-down box. Drop in the amount of OctoFi (OCTO) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.