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 – Transfer Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. OctoFi (OCTO) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find OctoFi (OCTO) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can commence invest and trading. To buy OctoFi (OCTO) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To discover OctoFi (OCTO), you'll need to insert the cointype (OCTO) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this also. Click on “OCTO/BTC” to progress.
Step 4 – Buy OctoFi (OCTO) After you've located OctoFi (OCTO), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation OctoFi (OCTO) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of OCTO you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of OCTO. If you're glad, make a mouse click on “Buy OCTO”. Your plan will be filled when a Vendor trades their OCTO for the price you gave.
Step 5 – Withdraw OctoFi (OCTO) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To withdraw your OctoFi (OCTO), go to the ”Funds” tab and mouse click on “Withdraw”. OctoFi (OCTO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate OctoFi (OCTO) by using the provided drop-down box. Put into the quantity of OctoFi (OCTO) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.
Congrats! You've successfully bought and stored OctoFi (OCTO).That's it! Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (OCTO) OctoFi is safe inside your wallet, you are finished.
Some other Guides on How to buy CoinsHow to Buy Zeepin
How to Buy Effect.AI
How to Buy Coins