A Step-by-Step-Guide on how to buy OFIN TOKEN (ON)
Step 1 – Signup to CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. OFIN TOKEN (ON) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate OFIN TOKEN (ON) Once your deposit has been verified, you'll immediately have access to your funds and you can start invest and trading. To purchase OFIN TOKEN (ON) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot OFIN TOKEN (ON), you'll need to insert the cointype (ON) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this also. Click on “ON/BTC” to progress.
Step 4 – Buying OFIN TOKEN (ON) After you've discovered OFIN TOKEN (ON), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the recent price OFIN TOKEN (ON) was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of ON you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of ON. If you are satisfied, click on “Buy ON”. Your order will be filled as soon as a Seller sells their ON for the price you gave.
Step 5 – Withdraw OFIN TOKEN (ON) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an longer time frame. To withdraw your OFIN TOKEN (ON), go to the ”Funds” tab and mouse click on “Withdraw”. OFIN TOKEN (ON) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find OFIN TOKEN (ON) by using the given drop-down box. Enter the volumen of OFIN TOKEN (ON) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.