A Step-by-Step-Guide on how to buy ODEM (ODE)
Step 1 – Join Kraken You will first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. ODEM (ODE) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate ODEM (ODE) Once your deposit has been verified, you will now have access to your assets and you can initiate invest and trading. To buy ODEM (ODE) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to locate ODEM (ODE), you'll need to put the shortname of the coin (ODE) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “ODE/BTC” to go ahead.
Step 4 – Acquisition of ODEM (ODE) After you have discovered ODEM (ODE), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate ODEM (ODE) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of ODE you like to buy. The ”Total” field is the total price in BTC that you'll settle for the complete amount of ODE. If you're satisfied, click on “Buy ODE”. Your plan will be filled as soon as a Seller sells their ODE for the price you submitted.
Step 5 – Withdraw ODEM (ODE) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. To take off your ODEM (ODE), go to the ”Funds” tab and click on “Withdraw”. ODEM (ODE) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ODEM (ODE) by using the provided drop-down box. Put into the amount of ODEM (ODE) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.