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.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Opal (OPAL) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate Opal (OPAL)

Once your deposit has been verified, you'll immediately have access to your assets and you can launch purchasing and trading. To purchase Opal (OPAL) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To spot Opal (OPAL), you'll need to insert the cointype (OPAL) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “OPAL/BTC” to continue.

Step 4 – Buy Opal (OPAL)

Once you have located Opal (OPAL), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff Opal (OPAL) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of OPAL you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of OPAL.

If you're satisfied, make a mouse click on “Buy OPAL”. Your order will be filled as soon as a Vender trades their OPAL for the price you introduced.

Step 5 – Withdraw Opal (OPAL)

Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extended time frame. In order to withdraw your Opal (OPAL), go to the tab called “Funds” and mouse click on “Withdraw”. Opal (OPAL) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Opal (OPAL) by using the provided drop-down box. Put into the volumen of Opal (OPAL) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.