How to Buy OKCash (OK)

A Step-by-Step-Guide on how to buy OKCash (OK)

Step 1 – Join Kraken

You will first need to buy units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and to get BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. OKCash (OK) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find OKCash (OK)

As soon as your deposit has been confirmed, you will now have access to your assets and you can begin purchasing and trading. To invest in OKCash (OK) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover OKCash (OK), you'll need to insert the shortname of the coin (OK) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “OK/BTC” to go ahead.

Binance Hot To Buy OKCash (OK)
Binance How to Buy (OK) OKCash
Step 4 – Buying OKCash (OK)

After you've spotted OKCash (OK), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price OKCash (OK) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of OK you want to buy. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of OK.

When you are happy, click on “Buy OK”. Your order will be filled as soon as a Seller trades their OK for the price you submitted.

Step 5 – Withdraw OKCash (OK)

Unless you are regularly trading, never keep your coins on an Exchange for an extended time frame. To take off your OKCash (OK), go to the ”Funds” tab and mouse click on “Withdraw”. OKCash (OK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find OKCash (OK) by using the given drop-down box. Drop in the amount of OKCash (OK) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored OKCash (OK).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (OK) OKCash is safe inside your wallet, you're all done.

Some other Guides on How to buy Coins

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