A Step-by-Step-Guide on how to buy OKCash (OK)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. OKCash (OK) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find OKCash (OK) As soon as your deposit has been verified, you will now have access to your assets and you can start invest and trading. To invest in OKCash (OK) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover OKCash (OK), you will need to insert the short name of the asset (OK) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “OK/BTC” to continue.
Step 4 – Buy (OK) OKCash As soon as you've found (OK) OKCash, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff (OK) OKCash was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of OK you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of OK. When you are satisfied, make a mouse click on “Buy OK”. Your order will be filled when a Vendor trades their OK for the price you submitted.
Step 5 – Withdraw OKCash (OK) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. To withdraw your OKCash (OK), go to the ”Funds” tab and click on “Withdraw”. OKCash (OK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate OKCash (OK) by using the given drop-down box. Put into the volumen of OKCash (OK) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.