A Step-by-Step-Guide on how to buy OpenPredict Token (OPT)
Step 1 – Join CEX.io You will first need to buy units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. OpenPredict Token (OPT) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find OpenPredict Token (OPT) As soon as your deposit has been approved, you will now have access to your funds and you can launch purchasing and trading. To purchase OpenPredict Token (OPT) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To spot OpenPredict Token (OPT), you will need to put the short name of the asset (OPT) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “OPT/BTC” to continue.
Step 4 – Purchase OpenPredict Token (OPT) After you've discovered OpenPredict Token (OPT), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate OpenPredict Token (OPT) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of OPT you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of OPT. If you are happy, click on “Buy OPT”. Your order will be filled when a Seller trades their OPT for the price you submitted.
Step 5 – Withdraw OpenPredict Token (OPT) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your OpenPredict Token (OPT), go to the tab called “Funds” and mouse click on “Withdraw”. OpenPredict Token (OPT) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find OpenPredict Token (OPT) by using the given drop-down box. Drop in the volumen of OpenPredict Token (OPT) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.