A Step-by-Step-Guide on how to buy Oraichain Token (ORAI)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Oraichain Token (ORAI) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Oraichain Token (ORAI) Once your deposit has been confirmed, you will immediately have access to your funds and you can start buying and trading. To buy Oraichain Token (ORAI) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Oraichain Token (ORAI), you will need to put the short name of the asset (ORAI) into the search box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've highlighted this too. Click on “ORAI/BTC” to go ahead.
Step 4 – Purchase Oraichain Token (ORAI) Once you have located Oraichain Token (ORAI), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our Limit Order. The ”Price” field will be filled with the up-to-date price Oraichain Token (ORAI) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of ORAI you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of ORAI. If you're happy, click on “Buy ORAI”. Your plan will be filled as soon as a Seller trades their ORAI for the price you offered.
Step 5 – Withdraw Oraichain Token (ORAI) Unless you're trading, best advise is not to keep your crypto on an Exchange for an longer time period. In order to withdraw your Oraichain Token (ORAI), go to the ”Funds” tab and mouse click on “Withdraw”. Oraichain Token (ORAI) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Oraichain Token (ORAI) by using the provided drop-down box. Put into the quantity of Oraichain Token (ORAI) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be requested for email/phone verification before a withdrawal.