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 – Send Your Ethereum or Bitcoin to an 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 identical. OMG Network (OMG) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate OMG Network (OMG) Once your deposit has been verified, you will now have access to your funds and you can commence purchasing and trading. To purchase OMG Network (OMG) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover OMG Network (OMG), you will need to insert the cointype (OMG) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “OMG/BTC” to go ahead.
Step 4 – Purchasing OMG Network (OMG) After you've located OMG Network (OMG), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the most recent price OMG Network (OMG) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of OMG you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of OMG. If 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 offered.
Step 5 – Withdraw OMG Network (OMG) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. In order to take off your OMG Network (OMG), go to the ”Funds” tab and click on “Withdraw”. OMG Network (OMG) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate OMG Network (OMG) by using the provided drop-down box. Drop in the volumen of OMG Network (OMG) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.