A Step-by-Step-Guide on how to buy OKB (OKB)
Step 1 – Join Kraken You'll first need to purchase one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. OKB (OKB) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find OKB (OKB) Once your deposit has been approved, you will instantly have access to your assets and you can begin purchasing and trading. To buy OKB (OKB) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot OKB (OKB), you will need to put the cointype (OKB) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this too. Click on “OKB/BTC” to proceed.
Step 4 – Purchasing OKB (OKB) Once you have spotted OKB (OKB), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most latest tariff OKB (OKB) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of OKB you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of OKB. When you're satisfied, make a mouse click on “Buy OKB”. Your plan will be filled when a Seller sells their OKB for the price you introduced.
Step 5 – Withdraw OKB (OKB) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your OKB (OKB), hover over the tab called “Funds” and click on “Withdraw”. OKB (OKB) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate OKB (OKB) by using the provided drop-down box. Enter the quantity of OKB (OKB) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.
Congrats! You have successfully purchased and stored OKB (OKB).That's it! Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (OKB) OKB is stored within your wallet, you are done.
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