How to Buy Opal (OPAL)

A Step-by-Step-Guide on how to buy Opal (OPAL)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Opal (OPAL) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Opal (OPAL)

Once your deposit has been confirmed, you will now have access to your finances and you can commence invest and trading. To invest in Opal (OPAL) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find Opal (OPAL), you will need to insert the short name of the asset (OPAL) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “OPAL/BTC” to advance.

Binance Hot To Buy Opal (OPAL)
Binance How to Buy (OPAL) Opal
Step 4 – Buying Opal (OPAL)

As soon as you have located Opal (OPAL), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff Opal (OPAL) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of OPAL you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of OPAL.

If you're satisfied, click on “Buy OPAL”. Your plan will be filled as soon as a Vendor trades their OPAL for the price you gave.

Step 5 – Withdraw Opal (OPAL)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your Opal (OPAL), go to the tab called “Funds” and mouse click on “Withdraw”. Opal (OPAL) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Opal (OPAL) by using the given drop-down box. Drop in the amount of Opal (OPAL) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and safed Opal (OPAL).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (OPAL) Opal is safe inside your wallet, you are finished.

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