How to Buy Orchid Protocol (OXT)

A Step-by-Step-Guide on how to buy Orchid Protocol (OXT)

Step 1 – Join Coinbase – Get Free $10

You will first need to buy units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Orchid Protocol (OXT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin 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 unlike (Follow these easy steps).

Step 3 – Locate Orchid Protocol (OXT)

Once your deposit has been verified, you'll now have access to your assets and you can initiate invest and trading. To buy Orchid Protocol (OXT) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to spot Orchid Protocol (OXT), you'll need to insert the short name of the asset (OXT) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “OXT/BTC” to progress.

Binance Hot To Buy Orchid Protocol (OXT)
Binance How to Buy (OXT) Orchid Protocol
Step 4 – Buying (OXT) Orchid Protocol

After you have found (OXT) Orchid Protocol, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our Limit Order.

The ”Price” field will be filled automatically with the most recent rate (OXT) Orchid Protocol was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of OXT you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of OXT.

When you're satisfied, click on “Buy OXT”. Your order will be filled as soon as a Vender trades their OXT for the price you submitted.

Step 5 – Withdraw (OXT) Orchid Protocol

Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (OXT) Orchid Protocol, go to the ”Funds” tab and click on “Withdraw”. (OXT) Orchid Protocol can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (OXT) Orchid Protocol by using the provided drop-down box. Put into the volumen of (OXT) Orchid Protocol you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and safed (OXT) Orchid Protocol.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (OXT) Orchid Protocol is stored within your wallet, you're done.