A Step-by-Step-Guide on how to buy Origin Dollar (OUSD)
Step 1 – Signup to Kraken You will first need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Origin Dollar (OUSD) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Origin Dollar (OUSD) As soon as your deposit has been approved, you'll now have access to your finances and you can launch buying and trading. To purchase Origin Dollar (OUSD) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find Origin Dollar (OUSD), you'll need to insert the cointype (OUSD) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this too. Click on “OUSD/BTC” to proceed.
Step 4 – Purchasing Origin Dollar (OUSD) After you have spotted Origin Dollar (OUSD), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date valuation Origin Dollar (OUSD) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of OUSD you wish to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of OUSD. When you're glad, make a mouse click on “Buy OUSD”. Your plan will be filled as soon as a Vender trades their OUSD for the price you submitted.
Step 5 – Withdraw Origin Dollar (OUSD) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer time frame. In order to withdraw your Origin Dollar (OUSD), go to the ”Funds” tab and click on “Withdraw”. Origin Dollar (OUSD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Origin Dollar (OUSD) by using the provided drop-down box. Enter the quantity of Origin Dollar (OUSD) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.