A Step-by-Step-Guide on how to buy OMG Network (OMG)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. OMG Network (OMG) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate OMG Network (OMG) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can initiate purchasing and trading. To purchase OMG Network (OMG) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot OMG Network (OMG), you'll need to insert the cointype (OMG) into the search box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “OMG/BTC” to continue.
Step 4 – Buying OMG Network (OMG) After you've located OMG Network (OMG), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order. The ”Price” field will be filled automatically with the recent tariff OMG Network (OMG) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of OMG you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of OMG. When you're happy, make a mouse click on “Buy OMG”. Your plan will be filled as soon as a Vendor trades their OMG for the price you introduced.
Step 5 – Withdraw OMG Network (OMG) Unless you're regularly trading, best advise is not to keep coins on an Exchange for an longer time period. In order to take off your OMG Network (OMG), go to the ”Funds” tab and mouse click on “Withdraw”. OMG Network (OMG) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find OMG Network (OMG) by using the provided drop-down box. Drop in the amount of OMG Network (OMG) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.