A Step-by-Step-Guide on how to buy Opal (OPAL)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting Funds.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Opal (OPAL) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Opal (OPAL) As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can start purchasing and trading. To purchase Opal (OPAL) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Opal (OPAL), you'll need to put the cointype (OPAL) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “OPAL/BTC” to advance.
Step 4 – Acquisition of (OPAL) Opal As soon as you have located (OPAL) Opal, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate (OPAL) Opal was traded for. You can change this to your desired price. The ”Amount” field is the quantity of OPAL you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of OPAL. When you're satisfied, click on “Buy OPAL”. Your order will be filled as soon as a Vendor trades their OPAL for the price you gave.
Step 5 – Withdraw Opal (OPAL) Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. To take off your Opal (OPAL), hover over the ”Funds” tab and click on “Withdraw”. Opal (OPAL) can be safely stored 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 like to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.