A Step-by-Step-Guide on how to buy OAX (OAX)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. OAX (OAX) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (OAX) OAX Once your deposit has been verified, you will instantly have access to your funds and you can start buying and trading. To invest in (OAX) OAX on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To discover (OAX) OAX, you will need to put the shortname of the coin (OAX) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this also. Click on “OAX/BTC” to go on.
Step 4 – Buying OAX (OAX) As soon as you have found OAX (OAX), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our Limit Order. The ”Price” field will be filled with the most latest price OAX (OAX) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of OAX you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of OAX. When you're happy, click on “Buy OAX”. Your order will be filled as soon as a Seller sells their OAX for the price you introduced.
Step 5 – Withdraw OAX (OAX) Unless you are frequently trading, never keep your crypto coins on an Exchange for an longer period of time. To take off your OAX (OAX), go to the ”Funds” tab and mouse click on “Withdraw”. OAX (OAX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find OAX (OAX) by using the given drop-down box. Put into the volumen of OAX (OAX) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.