A Step-by-Step-Guide on how to buy Ohmcoin (OHMC)
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Ohmcoin (OHMC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Ohmcoin (OHMC) As soon as your deposit has been approved, you'll immediately have access to your assets and you can initiate purchasing and trading. To invest in Ohmcoin (OHMC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate Ohmcoin (OHMC), you will need to insert the cointype (OHMC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have marked this also. Click on “OHMC/BTC” to continue.
Step 4 – Purchase Ohmcoin (OHMC) After you have found Ohmcoin (OHMC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The ”Price” field will be filled with the most recent rate Ohmcoin (OHMC) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of OHMC you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of OHMC. If you're satisfied, click on “Buy OHMC”. Your plan will be filled as soon as a Vendor sells their OHMC for the price you introduced.
Step 5 – Withdraw Ohmcoin (OHMC) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your Ohmcoin (OHMC), hover over the ”Funds” tab and click on “Withdraw”. Ohmcoin (OHMC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ohmcoin (OHMC) by using the provided drop-down box. Enter the amount of Ohmcoin (OHMC) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.
Congratulations! You've successfully bought and stored Ohmcoin (OHMC).That's it! Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (OHMC) Ohmcoin is safe within your wallet, you are done.
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